$LCID

Lucid Group, Inc.

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Lucid Group Inc. (NASDAQ: LCID) Trades at $5.80 as Saudi Capital Keeps Production Alive

Lucid Group (LCID) traded around $5.80 on May 22, with the stock supported mainly by Saudi Arabia’s Public Investment Fund, which owns about 60% of shares, rather than current vehicle sales. The company produced ~10,000 vehicles in 2025. Investors will watch next earnings for Gravity deliveries, Air production, and cash runway, including whether PIF must fund further in 2026.

Lucid misses first-quarter vehicle delivery estimates on supplier disruptions

Lucid Group missed its first-quarter vehicle delivery estimates due to a temporary sales halt and recall caused by an unauthorized supplier change. The disruption was linked to a quality issue with second-row seats in its Lucid Gravity SUV, leading to a 29-day pause in deliveries. Despite the setback, Lucid maintained its full-year production forecast, acknowledging ongoing supply challenges and a persistent gap between vehicle production and deliveries.

LCID news & sentiment — Lucid Group, Inc. | alphai