Seat Shortage Stalls Lucid’s Q1 Momentum
2 hours ago•TechCrunch via AI
Lucid Motors hit a temporary roadblock during the first quarter, attributing a noticeable dip in sales to a specific bottleneck with its seat supplier. While the luxury EV maker faced production hurdles, the company has since confirmed that the issue is fully resolved, smoothing the path for future deliveries. Despite the early-year stumble, Lucid remains bullish on its long-term strategy. The automaker announced it is not altering its guidance for 2026, signaling confidence that this was merely a momentary hiccup rather than a structural issue for the brand’s ambitious growth plans.