LCID Stock Pops as Lucid Motors Reports Higher Deliveries in Q2

Shares of Lucid (NASDAQ:LCID) are catching a bid after the EV company reported its second-quarter production and deliveries. LCID stock is up almost 3% in early afternoon trading. As of June 30, Lucid had produced a total of 3,892 vehicles in 2024. That's including 1,728 vehicles during the first quarter. In its recent earnings, the company guided for 2024 production of 9,000 vehicles. That means that Lucid must ramp up production during the second half of 2024 while producing at least 5,102 vehicles to mee ...