Lucid Stock Revs Up As Q4 Deliveries Impress Wall Street: Retail’s Excited Too
From StockTwits: 2025-01-06 22:52:10
Lucid Group Inc. exceeded its 2024 vehicle production target, producing 9,029 vehicles and delivering 10,241, with a portion under lease arrangements. Shares climbed nearly 4% on Monday following record Q4 deliveries that beat analyst estimates. Retail sentiment on Stocktwits turned ‘bullish,’ with users optimistic about Lucid’s future, including the launch of the new Gravity SUV. Despite challenges like per-vehicle losses and cost-cutting measures, Lucid aims to expand its lineup to compete with Tesla by late 2026. The company raised $1.75 billion in October to sustain operations through 2026, with stock gaining over 12% in 2025.
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