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Lucid Delays New $50,000 Cosmos SUV After Staggering Losses
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AutoSpies.com News
Lucid Motors is struggling and the company only delivered 3,953 vehicles in the second quarter.
That’s a drop in the bucket, but it was a 19% improvement from a year ago.
Since going from terrible to awful isn’t great, the company has announced an “operational reset.”
It aims to slash costs, reduce cash burn, and simplify operations.