Lucid Shares Fall to All-Time Low on Tumbling Production, Deliveries

Key TakeawaysLuxury electric carmaker Lucid Group Inc. reported Thursday that production and deliveries in the fourth quarter fell from a year ago.Only 8,428 Air sedans were produced during 2023—well below its initial outlook of 10,000 to 14,000 and missing the revised estimate made in November.Shares of Lucid Group sank to an all-time low, and are down about 86% from when they began publicly trading in 2021.Shares of Lucid Group Inc. (LCID) sank to an all-time low Thursday as the luxury electric vehicle (E ...