Quarterly Earnings Report

[Miami_Lucid_Man]

I haven't seen a thread on yesterday's earrings report. It seems they lost some reservations but are actually ramping up production. No surprise they need cash and SA is continuing to provide the backstop:

Luxury EV Startup Dives On Big Loss, Stock Sale Plan

Lucid's EV deliveries are ramping up, but reservations are declining.

www.investors.com

Thoughts?