Lucid shares fell as much as 14% on Thursday amid a selloff in electric vehicle stocks. The high-end EV maker is falling in sympathy with Tesla (TSLA) after the industry giant warned about supply-chain challenges.
Despite Tesla’s top and bottom line beat for its fourth quarter, investors are focused on product delays and parts constraints.
“Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, which is likely to continue…
Source link
