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Lucid slightly tops Wall Street's third-quarter expectations amid widening losses

CNBC
Summary
Nutrition label

78% Informative

Electric carmaker Lucid Group slightly beat Wall Street's third-quarter expectations.

The company's net loss for the third quarter widened to $992.5 million compared with a loss of $630.9 million a year earlier .

Lucid 's stock has been under pressure this year amid widening losses, slower-than-expected sales and significant cash burn.

VR Score

87

Informative language

92

Neutral language

70

Article tone

semi-formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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