Last year American electric-vehicle startups were tripped up by production challenges. This year the problem could be demand.
Late on Wednesday, Lucid Group kicked off the reporting season for the various U.S. EV ventures that went public during the pandemic. It wasn’t pretty. The company made an operating loss of $2.6 billion on revenues of just $608 million last year, but that was to be expected as it ramps up output.
Already a member? Sign In
Sponsored Offers
- DoorDash:
50% off + free delivery on any order with DoorDash promo code - Wayfair:
Wayfair coupon $20 off - Nike:
60% off running shoes and apparel at Nike without a promo code - SHEIN:
30% off using this SHEIN coupon code - Walmart:
Walmart promo code 2023 - $20 off $50 - Groupon:
2023 President's Day Special: Extra 25% Off | Groupon Promo Code
