Lucid will protect margins as it reaches further into mass market
This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Lucid Motors on Tuesday told investors it needs to shore up its margins and leverage autonomy better if it's to succeed as a company. Despite continued losses and hundreds of U.S. layoffs last week, the EV maker argued that its $4.6 billion in liquidity gives it flexibility to fund its operations through the first half of 2027. Lucid aims to scale up Gravity SUV producti ...