Lucid Group (LCID) Faces Earnings Volatility as Q2 Report Looms
Lucid Group's stock remains under pressure ahead of its August 5 earnings release, with historical data showing consistent post-earnings selloffs. The EV maker's shares plummeted 87% over three years despite a recent rally fueled by its 20,000-vehicle robotaxi deal with Uber.
Investors scrutinize margin sustainability as Lucid struggles to meet growth expectations. The company's chronic earnings misses have eroded confidence, with most quarterly reports triggering double-digit percentage declines. Market participants now weigh whether the Uber partnership can offset fundamental challenges in execution and profitability.