# Lucid (NASDAQ: LCID) stock crashed 10% following mixed first-quarter results.

*business · news · 2026-05-06 · Finbold*

## Key points

- Lucid suspended its previous fiscal 2026 production and capital expenditure guidance after Q1 results.
- Lucid's partnership with Uber expanded planned robotaxi fleet size from 20,000 to over 35,000 vehicles.
- Uber has committed $500 million to a six-year collaboration with Lucid starting in H2 2026.
- Lucid’s next-generation mid-size platform aims to lower costs and enable more competitive pricing.
- Lucid has approximately $3.2 billion in liquidity as of the most recent quarter.

**Companies:** Lucid
**Countries:** United States, Saudi Arabia

[Read the full story on Finbold](https://finbold.com/wall-street-sets-lucid-stock-price-for-the-next-12-months-8/)

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