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5 Things to Know About Lucid Stock

The company originally estimated that it would make 22,000 vehicles this year, but (stop me if you’ve heard this before) supply chain issues have thrown a wrench into the company’s plans. Lucid’s management has revised its production guidance downward not once but twice and now estimates that it will only build between 6,000 to 7,000 vehicles this year. “Our revised production guidance reflects the extraordinary supply chain and logistics challenges we encountered,” Lucid’s CEO and CTO Peter Rawlinson recently said.