Lucid (LCID) Q3 deliveries drop 7% as it slashes production by 38%

T2Covered by 1 source · first reported by Electrek at 05 Oct, 20:41 UTC

Lucid (LCID) delivered 3,806 vehicles in the third quarter, down 7% from a year ago. It built only 2,954, a 38% cut from the previous quarter and its lowest production since early 2025. The automaker says that’s on purpose. New CEO Silvio Napoli is selling down the unsold cars Lucid piled up in the…