Lucid Group Inc is an innovative automotive company that specializes in the design, manufacturing, and marketing of electric vehicles (EVs). With a focus on luxury and sustainability, Lucid aims to revolutionize the EV market by offering high-performance vehicles that combine cutting-edge technology, elegant design, and an emphasis on energy efficiency. The company's flagship model, the Lucid Air, showcases advanced features such as impressive range capabilities, fast charging, and a spacious, high-tech interior, positioning Lucid as a significant player in the growing electric vehicle industry. Additionally, Lucid Group is committed to expanding its production capabilities and enhancing the EV ecosystem, contributing to a more sustainable future in transportation. Read More
This week, from August 4th to August 10th, 2025, marks a busy period in the second-quarter earnings season, with hundreds of companies across various sectors scheduled to report their financial results. These earnings calls are crucial events for investors, analysts, and the broader market, as they provide insights into corporate
A bold $100B U.S. investment plan from Apple lit a fire under tech stocks and helped the Nasdaq bounce back. Meanwhile, AMD stumbled despite solid earnings, Disney left investors conflicted, and geopolitical tensions raised red flags across sectors.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Lucid (NASDAQ:LCID) and its peers.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) fell 9.7% in the afternoon session after the company reported second-quarter results that missed analyst expectations and lowered its full-year production forecast. The company posted revenue of $259.4 million, which fell roughly in line with analyst estimates. Lucid also cut its 2025 production outlook to a range of 18,000 to 20,000 vehicles, down from a previous target of 20,000. The report revealed a negative gross margin, a figure that included a $54 million hit from tariffs and signaled significant cost pressures.
Lucid Group Inc. (NASDAQ: LCID) shares fell 8.68% in pre-market trading on Wednesday after the electric vehicle (EV) maker posted a steeper-than-expected Q2 loss and revealed it's losing over $82,000 on each vehicle sold.
Luxury electric car manufacturer Lucid (NASDAQ:LCID) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 29.3% year on year to $259.4 million. Its non-GAAP loss of $0.24 per share was 11.1% below analysts’ consensus estimates.
Lucid Group (LCID) Q2 2025 earnings miss revenue and EPS estimates, triggering a 7% stock drop. Deliveries rose 38% YoY but fell short of revenue expectations. Future outlook remains uncertain.