NEWARK, Calif. (AP) 鈥� NEWARK, Calif. (AP) 鈥� Lucid Group, Inc. (LCID) on Tuesday reported a loss of $1.03 billion in its first quarter.
On a per-share basis, the Newark, California-based company said it had a loss of $3.46.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $2.72 per share.
The an electric vehicle automaker posted revenue of $282.5 million in the period.
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