Lucid's first quarter financial report shows revenue of $172.7 million and 1,967 vehicles delivered

On May 6, Lucid released its first quarter financial report as of the end of March. The financial report showed that Lucid's revenue in the first quarter was US$172.7 million, while analysts expected US$158.9 million; the adjusted EBITDA loss was US$598.4 million, while analysts expected a loss of US$505.1 million; 1,967 vehicles were delivered in the first quarter, higher than the 1,698 vehicles expected by analysts, a year-on-year increase of 39.9%.