Lucid Group reported a net loss of $1.03 billion in the quarter, even as revenue edged higher, highlighting widening operational deficits and cash burn concerns.

Supplier disruptions prompted Lucid to suspend its 2026 production guidance, scrapping its previous plan to build 25,000–27,000 vehicles.

Shares tumbled to $5.55, a 52-week low, extending a 47% year-to-date decline amid growing bearish investor sentiment over liquidity and growth prospects.