{
  "docId": "019de517-6262-72a8-b3c3-c18ac18b7953",
  "docSlug": "d6361ee60b851537e8204d2c6f7238d7",
  "documentTitle": "Lucid Motors | Results Presentation Deck | 31 slides",
  "authorId": "lucid-motors",
  "authorName": "Lucid Motors",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 12,
  "pageCount": 31,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "kpi_overview",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 36,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de517-6262-72a8-b3c3-c18ac18b7953/12",
  "deckHref": "/decks/019de517-6262-72a8-b3c3-c18ac18b7953",
  "deckJsonHref": "/decks/019de517-6262-72a8-b3c3-c18ac18b7953.json",
  "deckAnchorHref": "/decks/019de517-6262-72a8-b3c3-c18ac18b7953#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.066,
        "w": 0.365,
        "x": 0.024,
        "y": 0.78
      },
      "kind": "paragraph",
      "text": "Lucid continues to invest in the development of future product programs, the further expansion of our AMP-1 and AMP-2 facilities to increase capacity and the growth of our retail, delivery, and service capabilities.",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ae961fa-b52e-45a3-b586-cfdc383e2c0f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.109,
        "w": 0.365,
        "x": 0.024,
        "y": 0.469
      },
      "kind": "paragraph",
      "text": "In the third quarter, Lucid recorded revenue of $137.8 million.\nLucid recognized non-cash charges of $170.5 million, including inventory and firm purchase commitments write-downs of $230.8 million, partially offset by a gain of $60.3 million from changes in fair value of a common stock warrant liability.",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "527b1d18-2584-4d9c-84ed-f5fd04aae757",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.099,
        "w": 0.365,
        "x": 0.024,
        "y": 0.205
      },
      "kind": "paragraph",
      "text": "Lucid ended the third quarter of 2023 with over $4.9 billion cash, cash equivalents and investments. As of September 30, 2023, Lucid had total liquidity of approximately $5.45 billion from cash, investments, ABL and GIB Facilities, which we believe provides sufficient runway through Gravity SOP, and beyond, into 2025.",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d81ae62b-453f-418f-8bdb-089ded3481aa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.011,
        "w": 0.119,
        "x": 0.024,
        "y": 0.953
      },
      "kind": "source-note",
      "text": "LUCID GROUP, INC.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f78efbd5-e7e1-4469-9c48-dc36482c6932",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.137,
        "w": 0.949,
        "x": 0.024,
        "y": 0.739
      },
      "kind": "table",
      "text": "OPEX / CAPEX\nCash Used In Operating Activities\nCapital Expenditures\nFree Cash Flow\n$ (513.6) $ (569.5)\n(192.5) (290.1)\n$ (706.1) $ (859.6)",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7e5d3f52-a405-44d7-be35-7c2f3fd2c6d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.299,
        "w": 0.949,
        "x": 0.024,
        "y": 0.429
      },
      "kind": "table",
      "text": "STATEMENT OF OPERATIONS\nThree Months Ended September 30,\n2023\n2022\nRevenue\n$ 137.8 $ 195.5\nCost of Revenue\n(469.7) (492.5)\nR&D Operating Expenditures\n(230.8) (213.8)\nSG&A Operating Expenditures\n(189.7) (176.7)\nOthers\n121.5 157.4\nNet Loss\n$ (630.9) $ (530.1)",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aa20eeec-7197-407e-8db2-907acb428998",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.257,
        "w": 0.949,
        "x": 0.024,
        "y": 0.156
      },
      "kind": "table",
      "text": "BALANCE SHEET\n(in millions, unless otherwise stated; unaudited)\nCash, Cash Equivalents and Investments\nOther Assets\nTotal Assets\nLiabilities\nStockholders' Equity\nTotal Liabilities and Stockholders' Equity\n9/30/23\n12/31/22\n$ 4,902.3 $ 4,443.0\n4,038.9 3,436.2\n8,941.2 7,879.2\n3,535.2 3,529.5\n5,406.0 4,349.7\n$ 8,941.2 $ 7,879.2",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "faab6b23-7aa2-4962-9bcf-e86c6c04d64d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.029,
        "w": 0.949,
        "x": 0.024,
        "y": 0.075
      },
      "kind": "title",
      "text": "Financial Highlights: Strength of Balance Sheet and Investments for Growth",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "71b876c1-488a-4e18-9fb0-616351cf56dd",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 13,
      "from": 12,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "93b58bb1-5556-4286-a47d-c893bb56f6dd",
      "evidence": "The presentation emphasizes the strength of Lucid Motors' balance sheet and investments for growth.",
      "position": 0,
      "objective": "To highlight the importance of investing in growth",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}