Wednesday, February 22, 2023

Lucid shares drop as EV maker misses 2023 delivery expectations

Luxury electric vehicle maker Lucid Motors missed Wall Street estimates for fourth-quarter and full-year 2022 revenue, as well as 2023 production and delivery goals, causing the company’s stock price to tumble almost 10% in after-hours trading. That’s a particularly rough outcome for a company that’s been battling supply chain issues and has had to slash […]

Lucid shares drop as EV maker misses 2023 delivery expectations by Rebecca Bellan originally published on TechCrunch

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