Lucid to report Q1 earnings amid cash burn, waning EV growth

“πŸš— Lucid, a promising EV startup, to report Q1 earnings amidst challenges πŸ“‰ The production of 1,728 Air sedans falls short of target 🏎️ Looking forward to the launch of their new model, the Gravity crossover! #LucidMotors #EVs

The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year.

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