
Lucid Motors has set a third consecutive quarterly sales record, delivering 2,781 vehicles in Q3 2024. This marks a 90% year-over-year increase in deliveries and eclipses 2023's delivery total. The company also produced 1,805 vehicles during the same period, of which approximately 8% were subject to operating lease accounting. Despite the record deliveries, Lucid's production fell short of analysts' forecasts, and the company will need to significantly ramp up production in Q4 to meet its annual target of 9,000 vehicles. The company has announced a financial results call for Q3 2024 on November 7 at 5:30 PM ET.
Lucid Motors' Q3 deliveries surged 91% year-over-year to a record 2,781 vehicles, driven by factory incentives. https://t.co/wvZCx0ySPy
Lucid (LCID) breaks delivery record again in Q3 as hefty discounts pile up https://t.co/58ItbiZHxM by @EVPeteJohnson
NEWS: Lucid delivered 2,781 cars in Q3, up 90% YoY. They produced 1,805 cars during the same period. https://t.co/YmsSegMcKe


