Lucid will report Q2 results, aiming to address investor concerns about profitability. Stock down 20% YTD. Q2 revenue expected at $262.4M, higher than $200.6M last year. 3,309 vehicles delivered in Q2, 6,418 total for 1st half. Lucid partners with Uber for robotaxi service and gains access to Tesla Supercharger network. Plans for 10-to-one reverse stock split. Lucid aims for 20,000 EVs in 2025, launches midsize SUV in 2026. Expected EBITDA loss of $161,000 per car could raise questions about profitability. Loss of $7,500 federal tax credit on Sept. 30 may impact sales.

Source: https://finance.yahoo.com/

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