Expansion CapacityLCID acquired Nikola’s former manufacturing facility and headquarters, providing space to expand production capacity.
Financial SupportLCID recently issued a private offering of $1.1 billion in convertible senior notes, demonstrating ongoing financial support for the business.
Production GuidanceLucid maintained its 2025 production guidance of 20,000 vehicles, above the pre-release forecast, suggesting strong management expectations for deliveries.