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Lucid Motors slashes EV production targets again as supply chain problems persist
Posted on 03rd Aug, 2022 21:33 PM
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EV automaker Lucid Motors slashed its annual production guidance in half on Wednesday due to what CEO and CTO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.” Shares of Lucid fell more than 12% in after-market trading following the release of its secon…