EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand for its luxury all-electric Air sedan. Lucid Group’s shares dropped more than 9% in after-hours trading as investors reacted to the dismal first-quarter earnings. Shares have since…

EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand for its luxury all-electric Air sedan. Lucid Group’s shares dropped more than 9% in after-hours trading as investors reacted to the dismal first-quarter earnings. Shares have since…

EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand for its luxury all-electric Air sedan. Lucid Group’s shares dropped more than 9% in after-hours trading as investors reacted to the dismal first-quarter earnings. Shares have since…