Tesla rival Lucid's stock slides 15% after it says it'll make fewer electric cars than expected this year

Tech Insider
Lucid CEO Peter Rawlinson shows off the Lucid Air electric sedan
Lucid Group shares slumped in premarket trading Thursday after the Tesla rival posted disappointing production and delivery guidance.

MediaNews Group/Bay Area News via Getty Images

Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors

Tech Insider
Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3
Lucid Motors' share price has rallied 69% this year.

Lucid Motors; Reuters; Rachel Mendelson/Insider

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