NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Thursday reported a loss of $992.5 million in its third quarter.

On a per-share basis, the Newark, California-based company said it had a loss of 41 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.

The an electric vehicle automaker posted revenue of $200 million in the period.

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