Lucid (US:LCID)2025-08-05 21:30Financial Performance - Lucid achieved record quarterly revenue of $259.4 million in Q2 2025[16] - Q2 2025 GAAP diluted net loss per share was $(0.28), while non-GAAP diluted net loss per share was $(0.24)[16] - The company ended Q2 2025 with approximately $4.86 billion in total liquidity[16] - Free cash flow for the quarter was $(1,012.9) million[61] - Lucid recorded a net loss of $(539.4) million for the quarter[61] Production and Deliveries - Production reached 3,863 vehicles in Q2 2025, an increase of 83% year-over-year, including the start of Lucid Gravity production[27] - Deliveries totaled 3,309 vehicles in Q2 2025, representing a 38% year-over-year growth and the sixth consecutive quarter of record deliveries[16, 27] Strategic Initiatives - Lucid announced a global robotaxi partnership with Uber and Nuro, with Uber planning to deploy a minimum of 20,000 Lucid Gravity vehicles[16, 55] - Uber will invest $300 million in Lucid as part of the robotaxi partnership[55] - The company revealed Timothée Chalamet as Lucid's first global ambassador[16] - Lucid Air Grand Touring won a GUINNESS WORLD RECORDS title with 1,205 kilometers on a single charge[16] Outlook - Lucid updated its 2025 production volume guidance to a range of 18,000 to 20,000 vehicles[57] - The company anticipates sufficient liquidity into the second half of 2026[57]