Key Points
July 12 (Reuters) - Lucid Group's (LCID.O) electric-vehicle production dropped and its deliveries in the second quarter remained flat compared to the previous three months amid competition from Tesla (TSLA.O), sending its shares down 7% in premarket trading on Wednesday...
The company, which has started shipping cars to Saudi Arabia, delivered 1,404 vehicles in the quarter ended June 30, compared with 1,406 deliveries in the first quarter...
It made 2,173 vehicles during the quarter compared with 2,314 units in the previous three months...
