Lucid widley misses earnings expectations, forecasts continued EV growth in 2026
Lucid Lucid (US:LCID) CNBC·2026-02-24 21:07

A Lucid Gravity coming off the line at the company's factory in Casa Grande, ArizonaLucid Group reported mixed fourth-quarter results Tuesday as the all-electric vehicle maker continues to face challenging market conditions and internal problems.The company widely missed Wall Street's quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also revised its 2025 production results due to internal validation issues, but guided for a significant increase in vehicle productio ...