#Lucid

All articles tagged with "Lucid"

Lucid’s $1 Billion Loss Leads Automotive News’ Latest Market Brief

Automotive News’ latest First Shift roundup puts Lucid’s reported $1 billion loss at the top of a wider industry snapshot that also touches dealer-broker tensions, GM’s Orion Assembly plans, and consumer responses to AI.

Key Takeaways

Lucid’s reported $1 billion loss was the lead item in Automotive News’ latest video briefing.
The same roundup pointed to dealer-broker friction and GM’s Orion Assembly plans.

DT Editorial Team·May 8, 2026·via autonews.com

Lucid’s $1 Billion Quarterly Loss Underscores the Cost of Scaling a Premium EV Business

Lucid reported a $1 billion net loss in the first quarter of 2026, missed revenue expectations, and withdrew full-year production guidance after a difficult start to the year.

Key Takeaways

Lucid reported a $1 billion net loss in Q1 2026.
The company produced 5,500 vehicles but delivered 3,093.

DT Editorial Team·May 6, 2026·via jalopnik.com

Lucid says it will adjust EV production after supplier problems and rising inventory in the first quarter

Lucid Group says it will adjust electric vehicle production after a supplier issue significantly affected Gravity deliveries, leaving the company with elevated inventory at the end of the first quarter.

Key Takeaways

Lucid ended Q1 with elevated inventory and plans to adjust EV production.
The company said a supplier issue significantly affected Gravity deliveries.

DT Editorial Team·May 6, 2026·via electrek.co

Uber, Lucid, and Nuro Move Robotaxis Closer to the Public With Early Test Rides

Uber has begun early test rides of Lucid Gravity robotaxis using Nuro autonomy systems, marking a visible milestone for a three-company autonomous vehicle partnership.

DT Editorial Team·Apr 14, 2026·via electrek.co