Lucid Motors slashes EV production targets again as supply chain problems persist

23:46 03.08.2022
EV automaker Lucid Motors reported Wednesday lower revenue than Wall Street expected in the second quarter and slashed its annual production guidance in half due to what CEO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.” Shares of Lucid fell more than 12% in after-market trading following the release of its second-quarter earnings. […]...
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