Lucid (LCID) stock sinks to new low after Q4 EV deliveries fall YOY
Shares of Lucid (LCID) hit a new low after Q4 EV deliveries slipped year-over-year (YOY). Lucid stock is down 7% Thursday, hitting a new low amid the news.
Lucid sees Q4 EV deliveries slip from 2022
Lucid delivered 1,734 vehicles during the last three months of 2023. Although that’s up slightly from the third quarter (1,456), deliveries are still down from their peak in Q4 2022.
With 1,932 vehicles handed over in Q4 2022, Lucid’s deliveries are down nearly 12% YOY.
Production is also…