What happened to all those Saudi deliveries?

[quantum]

Lucid starts EV deliveries in Saudi Arabia

Lucid Motors, partially owned by the Public Investment Fund (PIF), began its electric vehicle (EV) deliveries to customers in Saudi Arabia, told Arga

www.argaam.com

Hundreds of cars being sent to Saudi from AZ for sales. Wonder what happened to these deliveries. Perhaps show up in Q4?

 

[Tesla2.0]

Lucid starts EV deliveries in Saudi Arabia

Lucid Motors, partially owned by the Public Investment Fund (PIF), began its electric vehicle (EV) deliveries to customers in Saudi Arabia, told Arga

www.argaam.com

Hundreds of cars being sent to Saudi from AZ for sales. Wonder what happened to these deliveries. Perhaps show up in Q4?

They are only counted as delivery number when it is assembled, left AMP-2 and to customer’s hand and funding secured.

 

[Haggy]

They are only counted as delivery number when it is assembled, left AMP-2 and to customer’s hand and funding secured.

Yes and that's a big disconnect compared to the dealership model. I don't think that the investment community as a whole quite grasps the ramifications.