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BTCC / BTCC Square / Global Cryptocurrency /
Lucid Group Stock (LCID) Declines Amid Disappointing EV Delivery Figures

Lucid Group Stock (LCID) Declines Amid Disappointing EV Delivery Figures

Author:
Global Cryptocurrency
Published:
2025-10-07 23:45:45
17
1
BTCCSquare news:

Lucid Group shares tumbled 9.2% on Tuesday as broader market indices slipped and the EV maker's quarterly delivery numbers failed to meet Wall Street expectations. The company produced 3,891 vehicles and delivered 4,078 in Q3—its seventh consecutive quarter of sequential improvement, yet still below analyst projections.

While Lucid highlighted progress with over 1,000 additional vehicles destined for Saudi Arabia, the market reaction underscores growing skepticism about the company's turnaround prospects. The stock's decline reflects deeper concerns about execution risks in an increasingly competitive electric vehicle landscape.

|Square

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