American electric vehicle company Lucid Motors fell sharply by more than 14% in the premarket. According to the news, the company expects a loss of 765 million to 790 million US dollars in the third quarter, while the loss reported for the same period last year was 630.9 million US dollars. In the previous quarter, the company reported losses of $643 million. The company also said fewer cars were produced and delivered in the third quarter than in the second quarter.

American electric vehicle company Lucid Motors fell sharply by more than 14% in the premarket. According to the news, the company expects a loss of 765 million to 790 million US dollars in the third quarter, while the loss reported for the same period last year was 630.9 million US dollars. In the previous quarter, the company reported losses of $643 million. The company also said fewer cars were produced and delivered in the third quarter than in the second quarter.