Lucid stock backs down after Q1 earnings loss [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down Lucid's latest earnings print and whether it is still on the road to meeting its vehicle production and delivery goals. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan Video Transcript Lucid shares dropping after delivering first quarter results.Finances prize Sumera is here with the very latest prize.Yeah, stock not doing well right now and they had a revenue beat here.A nice one actually, but wider than expected loss, profit loss, uh just that even uh loss wider than expect.So some concern there about profitability.Um we already saw they had a pretty decent quarter in terms of deliveries and they're still standing by the 9000 production guidance for the year and then also their gravity suvs on track.So some good news that they raised some money in the quarter too.But the big question is, you know, what's the status for um
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