Lucid shares drop as Q2 earnings miss estimates and production forecast is lowered

Lucid Group, the electric vehicle maker, reported second-quarter earnings that fell short of Wall Street expectations and revised its production outlook for the remainder of the year. Why it matters: The financial challenges and production setbacks are impacting investor confidence in Lucids ability to scale efficiently and achieve profitability. The details: Lucid reported Q2 revenue [] The post Lucid shares drop as Q2 earnings miss estimates and production forecast is lowered appeared first on...