Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.
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Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.
Ferrari beat analysts’ earnings targets and stuck with its full-year guidance on Tuesday, even though the war in the Middle East disrupted deliveries over the first quarter. Ferrari shipped 3,436 cars over the first quarter, down 157 from the same period a year ago. Shipments for Europe, the Middle East, and Africa fell by 243 from a year ago to 1,458.