Lucid Group reported second-quarter revenue of $259.4 million and an adjusted loss of 24 cents per share, missing Wall Street estimates on both metrics. According to Benzinga, the EV maker produced 3,863 vehicles and delivered 3,309 in the second quarter, with year-to-date deliveries exceeding production. Lucid now forecasts 2025 production in the range of 18,000 to 20,000 vehicles, down from its previous estimate of 20,000. Interim CEO Marc Winterhoff highlighted a sixth consecutive quarter of record deliveries and noted continued momentum as Lucid prepares to ramp up Gravity SUV output. The company ended the quarter with $4.86 billion in liquidity. Shares dropped 6.78% after hours.
