Why Is Lucid Group Stock (LCID) Falling Today?

Shares of Lucid (NASDAQ: LCID) are falling on Tuesday, down 9.2% as of 2:33 p.m. ET. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) fell 0.5% and 0.7%, respectively.The electric vehicle (EV) maker announced its delivery and production figures for the quarter ending Sept. 30.In a press release yesterday, Lucid said that it produced 3,891 vehicles, delivering 4,078 vehicles during its third quarter. The company also noted that these figures exclude more than 1,000 EVs en route to Saudi Arabia for final assembly.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool