Shares of Lucid Group fell on Wednesday after the electric vehicle maker reported a slowdown in deliveries for the second quarter.
The stock slipped almost 12% to $7.16 in morning trading. Over the past 12 months, the stock is down almost 63%.
The company earlier Wednesday said it produced 2,173 vehicles and delivered 1,404 vehicles during the second quarter, which ended on June 30.
In the first quarter, Lucid produced 2,314 vehicles and delivered 1,406 vehicles.