Core Insights - The automobile manufacturing sector showed strong performance in Q3, with revenues exceeding analysts' expectations by 5.1% on average [3] - The entry of electric vehicles (EVs) is disrupting the traditional automotive market, posing challenges for established manufacturers [2] Company Summaries - **Lucid (NASDAQ:LCID)**: - Reported revenues of $336.6 million, a year-on-year increase of 68.3%, but fell short of analysts' expectations by 3.2% [4] - The company experienced a disappointing quarter with significant misses in revenue and adjusted operating income estimates [4] - Despite the underperformance, the stock rose 3.4% post-reporting, currently trading at $17.80 [6] - **Ford (NYSE:F)**: - Achieved revenues of $50.53 billion, up 9.4% year-on-year, outperforming analysts' expectations by 9.1% [7] - The company had a remarkable quarter, beating analysts' EPS and EBITDA estimates [7] - The stock increased by 6.9% since the earnings report, currently trading at $13.16 [8]