Lucid Stock Falls After Record Deliveries. 3 Reasons Why.

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]