Lucid cut its 2022 production forecast by ~7k units at midpoint, a 35% decrease from SPAC projections, & 2023 by ~30% to 34k units. See more on LCID stock here.
Lucid is well-prepared for ramping up productions in the second half when some of the supply chain challenges are expected to ease. See more on LCID stock here.
The Saudi Government ordered up to 100k Lucid EVs over the next 10 years. Lucid is the only realistic competitor to unseat Tesla. Read more about LCID here.