Lucid Group reports mixed Q1 results, sets 2025 production target

Lucid Air Touring sedan display at the Service Center. Lucid Motors is a manufacturer of luxury EV Electric Vehicles.

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Shares of Lucid Group (NASDAQ:LCID) are cautiously higher in Tuesday’s postmarket trading as a top-line miss was offset by a narrower-than-expected loss in the first quarter and the company’s target to produce twice the number of vehicles made in 2024.

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