Lucid Group, Inc.

Lucid Group reported a Q4 loss of $0.22 per share, with revenue of $234.5 million, surpassing expectations. The net loss for 2024 was $3 billion, with $1.6 billion in cash.

Lucid Group expects to produce over 20,000 vehicles in 2025, a significant rise from about 9,000 in 2024, aiming to more than double its output.

Lucid Group is set to release its latest earnings report after the markets close today.