Lucid faces tough Q3 earnings call after slow sales, price cuts

November 06, 2023 05:06 PM

Lucid Group will face tough questions as part of its third-quarter earnings report and conference call Tuesday after posting disappointing sales for its Air sedan, according to analysts and investors.

Featured Stories

Tariffs on autos, steel and aluminum remain in effect despite Trump’s reciprocal duty pause

BMW considers boosting output at U.S. plant by up to 80,000 units

Live updates on tariffs: Volvo adjusts U.S. product plan

Hyundai Mobis targets top 3 supplier spot, downplays tariffs as South Koreans ‘win with winners’

Latest News

Dealership buy-sell database updates: AutoNation, Top 150 groups among dealmakers across 6 states

Tesla stops taking orders in China for models imported from the U.S.

Tariffs on autos, steel and aluminum remain in effect despite Trump’s reciprocal duty pause

Valeo, Novares, demand upfront payment to cover tariff costs

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

EU, China explore minimum prices for Chinese EVs to replace tariffs

Stacking tariffs add costs and uncertainty for auto suppliers

Germany will boost EV demand, examine converting car plants to defense

South Korea’s tariff-hit auto sector gets $2B boost; Hyundai, Kia to benefit

Staying current is easy with newsletters delivered straight to your inbox.