5 Biggest Takeaways From Lucid's Earnings Call
Ever since Lucid Group (NASDAQ: LCID) started delivering its first car, Air Dream Edition that beat the longest-range Model S from Tesla (NASDAQ: TSLA) by more than a 100 miles, all eyes were on Lucid first detailed quarterly report since it went public in July. Yet while the market was fixated on the electric-vehicle (EV) stock's earnings release -- primarily its reservation and production numbers -- the real scoop could be found in Lucid's third-quarter earnings conference call that revealed a lot more about the company's future.
Here are the five biggest takeaways from Lucid's earnings conference call that every Lucid investor, or potential investor, must know.
Lucid's Q3 earnings release didn't give out any revenue number, but management revealed during the conference call that Lucid had generated roughly $232,000 in revenue during the quarter, primarily from Formula E.
Source Fool.com
