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Motor1

Sport

Brian Silvestro

Lotus Isn't Doing Well, Guys

Lotus United States

Lotus has reported a net loss of $202 million for the second quarter of 2024, up from $193 million in 2023.
The loss comes despite a massive 239% increase in sales versus the year prior.
The company plans to employ a new strategy to optimize its internal structure and adjust products for global markets to become cashflow positive by 2026.

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