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Lucid's stock is struggling because an analyst warns about possible money and profit problems.

OpinionRead the original at Benzinga
Bad for LCID

Lucid's production and deliveries fell, and RBC expects weaker sales and profit margins. Planned French sites and expected sales growth offer promise, but current sales and cost concerns carry more weight.

LCID · Lucid Group, Inc.

AI read · Bad for LCID

The AI's read

That leaves fewer cars to sell and less income to cover factory costs. RBC also expects quarterly sales below the average estimate and weaker profit margins. Lucid plans French sales and service sites, which could help it reach more buyers. But orders there are not expected until 2027, so this does not answer the current sales and cost concerns.

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