---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028921"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:21:37.387199+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lucid Q3 revenue $195.5M, deliveries 1,398; maintains 2022 production guidance of 6,000-7,000 vehicles

## Summary
- Record quarterly production of 2,282 vehicles, more than triple Q2; deliveries of 1,398, more than double Q2.
- Cash and investments of $3.85B, expected to fund operations at least into Q4 2023.
- Over 34,000 reservations representing potential sales >$3.2B, excluding up to 100,000 Saudi deal.
- Plans to open reservations for Project Gravity SUV in early 2023.

## SEC filing metadata
- accession: 0001628280-22-028921
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828022028921/0001628280-22-028921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828022028921/lcid-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028921
- JSON: https://secwatch.observer/filing/0001628280-22-028921.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028921.txt

## Key facts
- Earnings Releases
  Lucid Group, Inc. reported the third quarter ended September 30, 2022 results: revenue $195.5M. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $195.5M
  - Guidance: reaffirmed
  - Result: reported results
  source text: 6,000 to 7,000 Vehicles • Record quarterly production of 2,282 vehicles, more than triple Q2 • On track for annual production guidance of 6,000 to 7,000 vehicles • Q3 revenue of $195.5M driven by customer deliveries of 1,398 vehicles in the quarter • Strong demand with over 34,000 reservations, representing potential sales of over $3.2B • Announced plans to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000162828022028921/0001628280-22-028921-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.