---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046245"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:45:42.193664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-046245
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1811210/000162828024046245/0001628280-24-046245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828024046245/lcid-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046245
- JSON: https://secwatch.observer/filing/0001628280-24-046245.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046245.txt

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