Core Insights - Lucid Group has commenced deliveries of the Lucid Gravity in Canada, which has generated significant anticipation in the market [1][2] - The Lucid Gravity Grand Touring features dual electric motors with 828 horsepower, capable of accelerating from 0-100 km in 3.6 seconds, and offers a projected range of over 720 km on a single charge [3][8] Product Features - The Lucid Gravity can accommodate up to seven adults and their luggage, providing nearly 3,400 litres of cargo space [3][8] - It utilizes innovative technology allowing for seamless charging at up to 400 kW on 1000V charging equipment and sustained speeds of up to 225 kW on 500V architecture fast chargers, including Tesla V3 Superchargers [4][8] - The starting price for the Lucid Gravity Grand Touring is $134,500 CAD, which includes various fees but excludes federal luxury tax and sales tax [7][8] Company Overview - Lucid Group is a Silicon Valley-based technology company focused on producing advanced electric vehicles, including the award-winning Lucid Air and the new Lucid Gravity [6] - The company assembles its vehicles in a vertically integrated factory located in Arizona, emphasizing its commitment to innovative EV technology [6]

Core Insights - Lucid Group Inc reported a record delivery of 4,078 vehicles in Q3, a 46% year-over-year increase, while producing 3,891 vehicles during the same period [1][2] - The company has revised its full-year 2025 production forecast to 18,000 to 20,000 vehicles, down from a previous target of 20,000 due to supply constraints and unexpected challenges [2] - A significant deal with Uber to deploy over 20,000 Lucid Robotaxis is seen as a potential long-term growth catalyst [2] Financial Performance - Investors are awaiting the full third-quarter financial results, which are scheduled for release on November 5 [3] - The stock closed up 2.32% at $22.52, trading within a 52-week range of $15.25 to $36.40 [4] - The stock is above its 50-day moving average of $21.63, indicating short-term bullish momentum, but below the 100-day moving average of $22.89, suggesting potential resistance [4] Market Sentiment - The stock has a weak Momentum score of 10.34 according to Benzinga Edge rankings, despite a positive short-term price trend [3] - The recent 1-for-10 reverse stock split and cautious production outlook have tempered investor enthusiasm [2]

Core Insights - Lucid Group Inc. (NASDAQ: LCID) reported minimal vehicle sales in the third quarter [1] Company Summary - The company sold a very small number of vehicles during the third quarter, indicating potential challenges in meeting sales targets [1]

Key Points Ahead of its upcoming earnings call on Nov. 5, Lucid reported its production and delivery numbers for its Q3. The company reported a record quarter, with growth in both production and delivery. Despite the improvement in performance, the numbers weren't enough to satisfy investors 10 stocks we like better than Lucid Group › Shares of Lucid (NASDAQ: LCID) are falling on Tuesday, down 9.2% as of 2:33 p.m. ET. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDA ...

Core Insights - Lucid Motors achieved a record delivery of nearly 4,100 electric vehicles (EVs) in the third quarter, marking a significant milestone for the automotive start-up [1] Company Performance - The delivery figure of almost 4,100 EVs represents a substantial increase compared to previous quarters, indicating strong demand and operational improvements within the company [1] Industry Context - The performance of Lucid Motors reflects broader trends in the electric vehicle market, where increasing consumer interest and advancements in technology are driving growth [1]

Core Insights - Lucid Group Inc. reported record production and delivery figures for Q3, with 4,078 units delivered and over 3,891 units produced, alongside an additional 1,000 units built for the Saudi Arabian market [2][4] - Year-to-date figures show a total of 9,966 units produced and 10,496 units delivered [3] - The company experienced a 23% quarter-over-quarter and 46% year-over-year growth in deliveries, indicating strong brand strength despite facing supply constraints [4] Production and Delivery Figures - In Q3, Lucid delivered 4,078 units and produced over 3,891 units [2] - Year-to-date production and delivery figures stand at 9,966 and 10,496 units, respectively [3] Challenges and Adjustments - The company has faced supply constraints, including shortages of magnets, which may impact its ability to meet production targets [4] - Lucid has revised its production guidance for 2025 to a range of 18,000 to 20,000 vehicles, down from a previous target of 20,000 [4] Strategic Partnerships - Lucid signed a multi-million dollar deal with Uber Technologies Inc. to deploy over 20,000 Lucid Robotaxis across multiple U.S. cities over six years [5] Industry Context - Rivian Automotive Inc. plans to deliver its anticipated R2 crossover SUV by August 2026 [6] - Tesla is preparing to launch an affordable trim of the Model Y SUV, with an event scheduled for October 7 [6]

Core Insights - Lucid Motors achieved a record delivery of 4,078 vehicles in Q3, driven by increased Gravity SUV deliveries and a surge in customers utilizing the expiring federal EV tax credit [1][2] - Despite the growth, Lucid Motors is still far from the projections made during its 2021 public listing, which raised $4 billion [2] - The company has seen a consistent increase in deliveries for seven consecutive quarters [2] Delivery Performance - The third quarter saw a significant rise in EV sales across the industry, with Tesla reporting its best quarter ever, and traditional automakers like Ford and General Motors also experiencing substantial increases [3] - Rivian, despite forecasting a challenging year, also noted a boost in Q3 deliveries [3] Market Dynamics - The impact of the federal EV tax credit's expiration is difficult to assess, as only customers who leased vehicles were eligible [4] - The specific number of Gravity SUVs delivered compared to the Air sedan remains unclear, with full financial results expected on November 5 [4] Marketing and Brand Strategy - Lucid Motors has faced challenges in generating interest for its luxury EVs, prompting the company to enhance its marketing efforts, including signing actor Timothée Chalamet as a global ambassador [5] - The company has also benefited from rental sales and company leases in certain quarters [5] International Expansion - Lucid Motors is increasingly focusing on the Saudi Arabian market, where it has built over 1,000 vehicles specifically for local demand and operates an assembly facility [6] - Plans are in place to establish a full factory in Saudi Arabia, with future demand secured from Uber, which plans to purchase at least 20,000 Gravity SUVs for use as robotaxis [6][9]

Core Insights - Lucid reported a 46.6% increase in third-quarter deliveries, attributed to heightened demand for electric vehicles prior to the expiration of lucrative tax credits [1] - Despite the increase in deliveries, Lucid still fell short of Wall Street expectations [1] Delivery Performance - The company experienced a significant surge in deliveries, with a 46.6% jump compared to previous quarters [1] - The demand was driven by consumers rushing to take advantage of tax credits before they expired [1] Market Context - The increase in deliveries reflects a broader trend in the electric vehicle market, where consumers are motivated by financial incentives [1] - The expiration of tax credits may impact future demand and sales for electric vehicle manufacturers, including Lucid [1]

[Filing Information](index=1&type=section&id=Filing%20Information) This section provides essential details about the Form 8-K filing, including registrant information and securities status [Report Details](index=1&type=section&id=Report%20Details) This section details the filing type as a Form 8-K Current Report, filed by Lucid Group, Inc. on October 6, 2025, to report significant events - Filing type: Form 8-K Current Report[2](index=2&type=chunk) - Date of Report (date of earliest event reported): October 6, 2025[3](index=3&type=chunk) [Registrant Information](index=1&type=section&id=Registrant%20Information) This section provides the official name, jurisdiction of incorporation, IRS Employer Identification Number, principal executive offices address, and telephone number of Lucid Group, Inc - Registrant Name: Lucid Group, Inc[3](index=3&type=chunk) - Jurisdiction of Incorporation: Delaware[3](index=3&type=chunk) - Principal Executive Offices: 7373 Gateway Boulevard, Newark, CA 94560[3](index=3&type=chunk) - Registrant's telephone number: (510) 648-3553[3](index=3&type=chunk) [Securities and Emerging Growth Status](index=1&type=section&id=Securities%20and%20Emerging%20Growth%20Status) This section identifies the class of securities registered, their trading symbol, and the exchange on which they are registered, along with the company's status regarding emerging growth company definitions Securities Registration Details | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :------------------ | :---------------- | :---------------------------------------- | | Class A Common Stock, $0.0001 par value per share | LCID | The Nasdaq Stock Market LLC | - Lucid Group, Inc. is not an emerging growth company[5](index=5&type=chunk) [Current Report on Form 8-K Items](index=2&type=section&id=Current%20Report%20on%20Form%208-K%20Items) This section details the company's Q3 2025 production and delivery results, along with the associated exhibits [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) Lucid Group, Inc. issued a press release on October 6, 2025, announcing its production and delivery totals for the quarter ended September 30, 2025. This press release is attached as an exhibit to the 8-K, and the information contained within is not considered 'filed' for certain legal purposes - Lucid Group, Inc. issued a press release on October 6, 2025, announcing production and delivery totals for the quarter ended September 30, 2025[7](index=7&type=chunk) - The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference[7](index=7&type=chunk) - The information in this Current Report on Form 8-K and its exhibits shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934[8](index=8&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits accompanying the Form 8-K, specifically the press release detailing Q3 2025 production and delivery, and the interactive data file Exhibits List | Exhibit No. | Description | | :---------- | :------------------------------------------ | | 99.1 | Lucid Press Release Dated October 6, 2025 | | 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) | [Signatures](index=3&type=section&id=Signatures) This section provides the formal certification of the report by Lucid Group, Inc.'s Chief Financial Officer [Report Certification](index=3&type=section&id=Report%20Certification) This section formally certifies the report's submission by Lucid Group, Inc., signed by its Chief Financial Officer, Taoufiq Boussaid, on October 6, 2025 - The report was signed on behalf of Lucid Group, Inc. on October 6, 2025[12](index=12&type=chunk) - Signed by Taoufiq Boussaid, Chief Financial Officer[13](index=13&type=chunk)

Core Points - Lucid Group, Inc. reported production and delivery totals for Q3 2025, producing 3,891 vehicles and delivering 4,078 vehicles during the quarter [1][2] - For the nine months ending September 30, 2025, Lucid produced a total of 9,966 vehicles and delivered 10,496 vehicles [2] - The company will host a conference call on November 5, 2025, to discuss its financial results, with a press release to be issued prior [2][5] Production and Delivery - In Q3 2025, Lucid produced 3,891 vehicles, including over 1,000 vehicles built for Saudi Arabia [1] - Total production for the first nine months of 2025 reached 9,966 vehicles, excluding those in transit to Saudi Arabia [2] - Total deliveries for the same nine-month period were 10,496 vehicles [2] Investor Engagement - Lucid is partnering with Say Technologies to enhance shareholder engagement by allowing questions to be submitted and upvoted for the upcoming earnings call [3] - The Q&A platform for shareholders will be open from October 22, 2025, until November 4, 2025 [4] Earnings Call Details - The earnings call is scheduled for November 5, 2025, at 2:30 pm PT / 5:30 pm ET, with a live webcast available [5] - The call will include announcements regarding net income and cash flow results alongside other financial performance metrics [5] Company Overview - Lucid Group is a technology company based in Silicon Valley, focused on creating advanced electric vehicles, including the award-winning Lucid Air and the new Lucid Gravity [6] - The company operates a vertically integrated factory in Arizona for vehicle assembly [6]