Lucid (LCID) crashes as it slashes 2022 production guidance and burns through $800m

Electrek
By Fred LambertAug 4, 2022, 7:05 am201 pts
Electric automaker Lucid Group’s stock (LCID) is crashing this morning after the company slashed its 2022 production guidance and confirmed that it burned through another $800 million during the last quarter. more… The post Lucid (LCID) crashes as it slashes 2022 production guidance and burns through $800m…

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