Lucid shares pop after exceeding EV production goal
https://techcrunch.com/2023/01/12/lucid-shares-pop-after-exceeding-ev-production-goal/
Lucid Group eked out a small win in 2022.
The EV automaker said Thursday it produced 7,180 of its luxury Air sedans in 2022, exceeding its previously lowered guidance for the year. Lucid adjusted its guidance in fall, stating it would produce 6,000 to 7,000 vehicles in 2022. Shares pooped more than 6% immediately following the news before settling. Shares are now up 2.33% to $8.12.