Lucid Group, Inc. [LCID] posts $1,304.46M loss as revenue rises 2143.30% to $608.18M

Lucid Group, Inc. [LCID] posted a loss of $1,304.46M, marking a rise of 49.43% for this year.

Revenue rose to $608.18M this year compared to $27.11M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $-1,304.46M, up 49.43% from $-2,579.76M.

The company’s net sales for the period were $608.18M, up 2143.30%. Net sales in the previous year were $27.11M.