July 3 - Lucid Group (LCID, Financial) stock surged about 5% Thursday morning after the EV maker reported a strong jump in second‑quarter deliveries.
The company produced 3,863 vehicles in Q2 and delivered 3,309 units, just shy of analysts' 3,611 consensus. By comparison, Lucid produced 2,110 cars and shipped 2,394 in Q2 of 2024.
Over the first half of 2025, Lucid's production climbed to 6,075 vehicles, while deliveries reached 6,418. The automaker is set to report its Q2 earnings on Aug. 5, after topping EPS estimates in each of the last three quarters and beating revenue forecasts in three of four.
In premarket trading, LCID shares edged up about 1%, even as the stock remains down more than 32% year to date. Short interest stands at roughly 12.6% of the float, underscoring lingering bearish bets.
Investors will be watching whether Lucid can sustain its delivery momentum and narrow losses when Q2 results land in early August.
