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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Lucid Plans 2026 Midsize EV, Uber Robotaxi Launch But Near-Term Headwinds Linger

Lucid

Lucid Group, Inc. (NASDAQ:LCID) shares fell on Wednesday after the electric vehicle maker reported disappointing second-quarter results, with revenue of $259.4 million, missing analyst estimates of $296.24 million.

The Newark, California-based company also posted a larger-than-expected adjusted loss of 24 cents per share, compared to the forecasted loss of 21 cents.

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