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Lucid Q2 results: Losses widen as automaker launches 'operational reset'
Yahoo Finance51d agoneutral
Lucid Q2 results: Losses widen as automaker launches 'operational reset'

Lucid reported second-quarter results on Tuesday that beat revenue expectations but losses ran wider than expected, as the struggling luxury EV maker unveiled an "operational reset" aimed at slashing cash burn, and stabilizing a business that recently had to publicly deny it was heading for bankruptcy.