Tesla Rival Lucid Cuts Production Output by 38%, Misses Delivery Estimates Despite High Fuel Costs Leading to EV Surge
Electric vehicle maker Lucid Group Inc. (NASDAQ: LCID ) cut its production output in a bid to offload inventory amid a third-quarter 2026 delivery miss. Lucid Misses Delivery and Production Estimates According to a report by Reuters on Monday, Lucid produced 2,954 vehicles and delivered 3,806 vehicles during the third