Lucid's deliveries were up 55% for the Q2 period of 2024 to 4,361 units. This was in sharp contrast to production which was down 14%. My take is the discrepancy was due to expansion into Saudi Arabia with light car assembly which increased stock levels until the units could be converted into deliveries.
The fact is that a 55% increase in sales is a very strong result although what should be expected with modest volume. The proof of the pudding will be in how things transpire for the rest of the year to see if the progress continues.
Data source: Lucid.
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