08 Oct 2025 | 3 Mins Read
Lucid Group's stock price falls by 8% amidst market fluctuations
Flipitmoney
Lucid Group's stock price fell 8.37% to $22.01 on Nasdaq as it missed Wall Street expectations on quarterly deliveries, despite a 46.6% increase in third-quarter deliveries. The company forecasts reduced sales in the final quarter due to the expiration of $7,500 tax credits and lowered its annual production outlook to 18,000-20,000 vehicles.