Lucid (LCID) Q3 deliveries drop 7% as it slashes production by 38%

Lucid (LCID) delivered 3,806 vehicles in the third quarter, down 7% from a year ago. It built only 2,954, a 38% cut from the previous quarter and its lowest production since early 2025.

The automaker says that’s on purpose. New CEO Silvio Napoli is selling down the unsold cars Lucid piled up in the first half of the year, and Q3 is the first quarter of 2026 in which it delivered more vehicles than it built.

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