Buckle up: Lucid Motors misses H1 2024 delivery targets by over 90%

While the last 12 months haven't been kind to the entire electric vehicle (EV) industry, with even the biggest players such as Tesla Motors (NASDAQ: TSLA) counting results that weren't as bad as expected as successes, few companies have been as hard-pressed as Lucid Group (NASDAQ: LCID). Indeed, LCID has apparently been taking defeat after defeat as its shares plummeted from 2021 highs above $50 to$8.30 in the summer of 2023 to $3.18 at press time on July 9, 2024. The contrast between the triumphs of 2021 ...