EV Maker Lucid reports worse-than-expected loss in first quarter

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Lucid Group Inc. revealed a wider-than-expected loss to start the year as the company contends with production challenges and uneven demand for high-end electric vehicles. The automaker lost an adjusted 30 cents a share in the first quarter, according to a statement Monday. That was worse than the 25-cent loss expected on average in analyst […]



Source : AutoFinanceNews