Core Insights - Lucid Motors reported a 68% year-over-year revenue increase to $340 million in Q3, which fell short of market expectations of $380 million [1] - The adjusted loss per share was $2.65, compared to the market expectation of a $2.27 loss [1] - The company has agreed to increase its credit line from the Saudi Public Investment Fund from $750 million to approximately $2 billion to support the development of the Gravity model and mid-sized electric vehicles [1] Financial Performance - Revenue for Q3 reached $340 million, a 68% increase year-over-year [1] - Adjusted loss per share was $2.65, exceeding market expectations of a $2.27 loss [1] - The stock price fell by 1.78% in pre-market trading, reaching $17.64 [1] Funding and Investment - Lucid has secured an increase in its credit line from the Saudi Public Investment Fund from $750 million to about $2 billion [1] - The additional funding is aimed at supporting the development of the Gravity model and mid-sized electric vehicles [1]