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Lucid's third-quarter deliveries miss estimates as it cuts output to run down inventory

Source: reuters.com

Automotive & EVCompany FundamentalsCorporate Earnings
Lucid's third-quarter deliveries miss estimates as it cuts output to run down inventory

Lucid Group's third-quarter deliveries fell short of Wall Street estimates. The luxury EV maker reduced production from the prior quarter and sold vehicles from existing inventory as part of a cost-cutting overhaul.

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