Author Topic: EV startup Lucid is losing over $500,000 for every car it sells  (Read 466 times)

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Offline Elderberry

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Yahoo News by Nora Naughton August 8, 2023

•   Lucid's second quarter earnings fell short of expectations after per-vehicle losses went viral.

•   2023 is a make-or-break year for startups like Lucid.

•   Analysts are still optimistic about the second half of 2023.

It's a tough time to be an electric-vehicle startup, and luxury brand Lucid is no exception.

More: https://news.yahoo.com/ev-startup-lucid-losing-over-153717797.html