Winitzer Ori sold $5K of LCID

Lucid Motors reports Q2 revenue up 56% YoY to $405M, deliveries up 19% to 3,953 vehicles. CEO outlines priorities: cost savings, autonomous robotaxi program, Saudi manufacturing expansion, and new product launches. Total liquidity at $3B. Company aims for $1.4B savings by 2026.

Lucid Motors is recalling 27,185 Air sedans due to a potential fire risk in the lighting circuit, according to the company. The recall affects certain models and is being conducted to address the safety issue.

Lucid Motors recalled 27,185 Air sedans (2022–2026) due to a fire risk in the exterior lighting circuit. The issue, identified by NHTSA, involves insufficient overcurrent protection. Lucid released an OTA update (v2.10.0) in July to fix the problem, and owners are advised to check their software version and park outside if unupdated.

Lucid is recalling 27,185 Air sedans (2022-2026) due to a potential fire hazard in the exterior lighting circuitry. The issue, unrelated to the battery, can cause overheating, smoke, or fire. Lucid has developed a software fix (version 2.10.0) to be delivered remotely. Owners are advised to park outside until the update is installed. NHTSA reports 3 fires and 4 smoke incidents related to the issue.

Lucid Motors is recalling 27,185 Lucid Air vehicles (2022-2026) due to a software issue that may cause circuit overheating and fire risk. Owners are advised to park outside until a software update (v2.10.0) is applied, which will be provided at no cost. The recall remedy notification is planned for October 16, 2026.

Intuit (INTU), Lucid (LCID), and e.l.f. Beauty (ELF) hit 52-week lows. INTU fell 20% after reporting Q3 results, cutting jobs, and receiving price target reductions. LCID dropped to $5.55 due to losses and suspended production guidance. ELF slid to $49.72 but closed up 5% after Q4 results showed slowing growth.