Lucid sales surge as buyers shun tesla – Breaking News & Latest Updates 2026
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Lucid sales surge as buyers shun Tesla.

The Newark, Calif.-based automaker reported a brisk uptick in deliveries for the first quarter of 2025. Lucid sold 3,109 vehicles, a 44 percent increase year over year. The company said it produced 2,212 vehicles, plus “over 600 additional vehicles in transit to Saudi Arabia for final assembly.” (Lucid is majority owned by Saudi Arabia’s Public Investment Fund.) Tesla’s loss appears to be Lucid’s gain. Last month, the company’s CEO said “over 50 percent” of its orders were from former Tesla owners.

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