Lucid Q3 revenue $200M, deliveries up 91% YoY; raised $1.75B in October

Lucid Group, Inc.

2024-Q3 EPS reported -$1.05 revenue$573,359,000

Q3 deliveries 2,781 vehicles (+90.9% YoY); produced 1,805 vehicles; on track for ~9,000 vehicles in 2024.
Q3 GAAP net loss per share $(0.41); non-GAAP net loss per share $(0.28).
Ended Q3 with ~$5.16B total liquidity; subsequent capital raise of ~$1.75B in October 2024.
Opened order book for Lucid Gravity SUV; production start remains on track for 2024.
Cost reduction efforts improving gross margin performance, per Interim CFO Gagan Dhingra.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.