Lucid Q3 revenue falls short and loss deepens, even as rival Rivian delivers strong quarter

Lucid is sinking deeper into red ink. For the second straight quarter, the electric carmaker missed revenue expectations and posted a bigger-than-expected loss, while competitor Rivian flexed a much stronger performance. In the third quarter, Lucid pulled in $336. 6 million, below the $379. 1 million analysts had forecast. Its net loss hit $978. 4 million, or $3. 31 […] source: https://www.cryptopolitan.com/lucid-q3-revenue-falls-short-loss-deepens/