Lucid GAAP EPS of -$0.43 misses by $0.07, revenue of $149.43M misses by $62.1M
Lucid press release (NASDAQ:LCID): Q1 GAAP EPS of -$0.43  misses by $0.07.
Revenue of $149.43M (+159.1% Y/Y)  misses by $62.1M.
Lucid plans to manufacture more than 10,000 vehicles in 2023 and ended the quarter with approximately $4.1 billion total liquidity, which is expected to fund the Company at least into the second quarter of 2024.

"Our Q1 revenue was approximately $149 million, which represented a year-over-year increase of 159%. We ended the quarter with just over $3.4 billion in cash, cash equivalents, and investments, with total liquidity of approximately $4.1 billion, which we believe is sufficient to fund the Company at least into Q2 of 2024," said Sherry House, Lucid's CFO..
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