Lucid motors stock forecast uncertainty stems from delayed

Lucid Motors stock forecast uncertainty stems from delayed European market penetration. While US demand shows steady growth, regulatory hurdles abroad keep investor sentiment cautious until more concrete timelines are announced. Lucid, which also sold its first model in late 2021, reported a $2.7 billion net loss last year, the company said Feb. 25. A year earlier, Lucid posted a net loss of $2.8 billion. Based on all that, you could easily conclude that the second quarter was a solid one for Lucid. And the company is, in fact, making progress toward its goals. But there was also negative news in the quarter. For example, while deliveries were up, the company still only produced 3,800 or so cars. That would be barely a rounding error for most automakers. And, perhaps more notable, the company lowered its full-year production guidance from 20,000 to between 18,000 and 20,000. That may not sound like a huge difference, but on a percentage basis, it suggests that Lucid could miss management's original production goal by as much as 10%. That's notable and not good, even though it isn't surprising for an upstart manufacturer to encounter problems as it ramps up production. Investor sentiment around Lucid Motors stock forecast has been buoyed by rumors of new strategic alliances with battery suppliers. If confirmed, analysts expect reduced cost per kWh, which could translate into stronger gross margin profiles.