Last mentioned: Mar 9, 2026
2026 Production Target
Lucid aims for 25,000-27,000 units, led by the Gravity SUV ramp.
2026 Guidance Target
Lucid aims to hit its full-year production target of 25,000-27,000 vehicles.
Gravity Production Ramp
Lucid shifts focus to the Gravity SUV as its primary production volume driver for the second half of the year.
Gravity Ramp-Up
Lucid accelerates Gravity SUV production to meet demand from former Tesla Model X owners.
Tesla Market Exit
Tesla begins phasing out Model S and Model X production.
Tesla Model S/X Sunsetting
Tesla begins the process of discontinuing its flagship luxury models.
Tesla Segment Exit
Tesla begins the discontinuation process for Model S and Model X, shifting focus to mass-market models.
Record Deliveries
Lucid completes 2025 with ~18,300 vehicles produced, double the prior year.
Record Deliveries
Lucid completes its 8th consecutive quarter of record vehicle deliveries.
2025 Production Milestone
Lucid finishes the year with 18,300 vehicles produced despite supply chain and tariff headwinds.
Lucid Group is positioning itself to capture high-end EV market share following Tesla's decision to discontinue the Model S and Model X. Despite slowing production growth and 2025 headwinds, the company's 2026 guidance of 25,000-27,000 units reflects a strategic pivot toward the Gravity SUV as its primary volume driver.
Lucid Group is positioning itself as the primary beneficiary of Tesla's decision to discontinue its flagship Model S and Model X vehicles in Q2 2026. Despite a projected slowdown in production growth, Lucid is reporting record delivery streaks and increased customer inquiries from displaced Tesla owners.
Lucid Group is positioning itself as the primary beneficiary of Tesla's decision to discontinue the Model S and Model X, aiming to capture displaced luxury EV buyers. Despite a projected slowdown in production growth for 2026, the ramp-up of the Gravity SUV remains the company's central catalyst for long-term scale.
Lucid Group is navigating a complex manufacturing landscape, forecasting 40-50% production growth in 2026 despite persistent supply chain headwinds. The company is positioned to capture significant market share as Tesla prepares to discontinue its Model S and Model X lines in the second quarter.