3/25/2023 0 Comments Lucid motors news![]() This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Lucid ended the quarter with approximately $3.85 billion cash, cash equivalents, and investments, which is expected to fund the Company at least into the fourth quarter of 2023. This reservation number does not include the up to 100,000 vehicles under the agreement with the government of Saudi Arabia. The Company reported strong customer demand for Lucid Air with reservations over 34,000, as of November 7, 2022, representing potential sales of over $3.2 billion. Lucid reported Q3 revenue of $195.5 million on deliveries of 1,398 vehicles. ![]() (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced financial results for its third quarter ended September 30, 2022. Announced plans to open Project Gravity SUV reservations in early 2023.Strong demand with over 34,000 reservations, representing potential sales of over $3.2B.Q3 revenue of $195.5M driven by customer deliveries of 1,398 vehicles in the quarter. ![]()
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