In its first-quarter 2023 financial results report, Lucid Group reported first-quarter revenue of $149.4 million, having produced 2,314 vehicles at its manufacturing facility in Arizona and delivering 1,406 vehicles during the same period. Lucid said it plans to manufacture more than 10,000 vehicles in 2023 and ended the first quarter (ending March 31, 2023) with approximately $4.1 billion total liquidity, which is expected to fund the company at least into the second quarter of 2024.