Oct 6, 2026 · 4 min · 6 segments
In this episode of Getting Down to Business, host Joshua Yuhas goes over: \- Lucid group reporting a decrease in deliveries through Q3. \- NYC Council meeting with artificial intelligence at the…
I'm your host, Joshua Yuhas, with your latest report for Getting Down to Business.
Lucid Group has reported a 6.7% decrease in their year-over-year vehicle deliveries in the third quarter.
The US automaker had cut their production to best align their company with the customer demand slowing down.
With stock drops and operational changes, Lucid CEO Silvio Napoli shared about the shift being made.
So we have a clear understanding of the issues ahead of us.
They're operational, therefore they're fixable, and I wanted to make sure that our investors had a very clear, transparent understanding of the issues, which we did.
We set clear priorities.
Uh, we now have a clear plan, and actually the transformation is already in action.
As you mentioned, we have already set out a plan to save $1.4 billion in cash flows for 2026.
Across the year so far, Lucid stock had been off more than 60%, with their Q3 cut down from two shifts to one at their plant in Arizona.
With a decrease in their vehicle deliveries over the Q3 period, Lucid will report their Q3 results after the market closes on November 9th.
I'm your host, Joshua Yuhas, with your latest report for Getting Down to Business.
Lucid Group has reported a 6.7% decrease in their year-over-year vehicle deliveries in the third quarter.
The US automaker had cut their production to best align their company with the customer demand slowing down.
With stock drops and operational changes, Lucid CEO Silvio Napoli shared about the shift being made.
So we have a clear understanding of the issues ahead of us.
They're operational, therefore they're fixable, and I wanted to make sure that our investors had a very clear, transparent understanding of the issues, which we did.
We set clear priorities.
Uh, we now have a clear plan, and actually the transformation is already in action.
As you mentioned, we have already set out a plan to save $1.4 billion in cash flows for 2026.
Across the year so far, Lucid stock had been off more than 60%, with their Q3 cut down from two shifts to one at their plant in Arizona.
With a decrease in their vehicle deliveries over the Q3 period, Lucid will report their Q3 results after the market closes on November 9th.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.