Taylor Swift Reacts to Lucid Group's Revenue Beat in First Quarter 2024

Shaking Off the Stock Price Drop

So apparently Lucid Group's stocks fell about 3% after the revenue news? Well when it comes to stocks you just gotta shake it off shake it off.

All Too Well Expectations

Analysts expected 12,677 units in 2024 but Lucid only plans to produce 9,000 cars. Talk about expectations that were all too well all too well.

The Archer of Price Cuts

Cutting prices like an archer with precision Lucid slashed prices on its Air sedans by as much as 10%. Maybe they should rename them 'You Need to Calm Down' sedans.

Blank Space for Revenue

Lucid's revenue for the first quarter was $172.7 million beating estimates. Looks like they have a blank space baby and they'll write their name.

The Saudi Arabian Love Story

Backed by Saudi Arabia's Public Investment Fund Lucid is set to start production of a more affordable mid size car. I guess you could say it's a love story baby just say yes.

Fifteen Billion Reasons to Succeed

With billions invested in Lucid they're definitely playing in the most dangerous game. But with $2.17 billion in cash they're feeling like they're fifteen feeling like a blur.