Lucid did grow its first-half revenues by 39% to $687 million, compared to first-half 2025, but the balance sheet doesn't have much good news beyond that. Lucid's total costs and expenses were much higher – $2.8 billion, up from $2 billion in first-half 2025. So the bottom-line first-half result for Lucid's operations is a loss of more than $2 billion, on top of the $1.5 billion lost in first-half 2025. For all of 2025, net losses for Lucid totaled $3.8 billion (diluted), after shedding $3 billion the prior year. Some employees still inside Lucid like Napoli, even calling him inspiring and "great," partly because he is unwilling to sugarcoat the dire situation.