Lucid (LCID) result Q2 2025

Luusid Group On Tuesday, his production approach softened for the rest of the year because of the second quarter of the Wall Street expects were recorded.

The electric vehicle manufacturer now expects to create 18,000 to 20,000 vehicles for the year after submitting a target of 20,000.

Shares of Lucid fell more than 6% in the business of Tuesday.

According to a survey of LSEG analysts, the company reported that the company reported over a three -month period ended June 30, compared to the expectation of Wall Street:

• Loss per share: 24 St. Adjustable Vs. Expected 21 cents loss
• Revenue: $ 259 million vs. Expected $ 280 million

During the same period last year, the company recorded a net loss of $ 855 million or 28 cents per share or 28 cents per share or 28 cents per share per share. Except for restructuring and other one-time expenses, the company posted a adjusted loss in the shares of 24 cents in the quarter.

The total cost and cost of Lucid increased approximately 7.5% compared to the same period of the previous year, which was $ 1.06 billion.

Automaker said the total of $ 86.8686 billion in the overall liquidity.

Last month, Lucid announced this Uber So Invest $ 300 million In the next six years, the company as part of a partnership of deploying more than 5 Robotaxis. In the new advertising campaign, actor Timothy is trying to create his brand awareness by tapping the Timothy Chalome.

But licus is burning by the amount of cash while working to increase its production Gravity SUVAnother vehicle after Air Sedan.

CFO Taufiq Bosaid said in a press release, “We have focused on business basic things to achieve our nearest goals: discipline price management, brand building and implementing our clear gravity projection ramp,” CFO Taufiq Bossyad said in a press release.

Lucid said in July that they Delivered In the second quarter, 3,309 vehicles have increased by 38.2% compared to the same period in 2024, but less than the expectations of the analyst.

Pure electric vehicles have been demanded Than expectedAnd customers are gravity Cheap hybrid??

The industry is also scorching to the impact of President Donald Trump’s new tax-cost bill, who signed the law on July 4. They are going to end the laws. 7,500 Credit Credit For new electric vehicles and used EVs after September 30, 000 4,000 credit.

About Tuesday this year, the leucid stock has dropped by 19%.