https://www.live-feeds.com/feed/lucid-ceo-admits-it-did-not-even-know-where-cars-were-and-lost-ordersContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lucid-ceo-admits-it-did-not-even-know-where-cars-were-and-lost-ordershttps://www.live-feeds.com/feed/lucid-ceo-admits-it-did-not-even-know-where-cars-were-and-lost-orders#u200484Sat, 14 Nov 2026 12:00:56 +0000Electric vehicle manufacturer Lucid faces severe operational hurdles after the company's chief executive admitted that management lost track of vehicle locations and missed customer orders. The logistical breakdown coincides with a missed Wall Street earnings expectation that drove a 25 percent fall in stock value during October. To stabilize its financial position, the company secured a substantial $1.75 billion credit line expansion from its top Saudi Arabian backer, extending its operating runway to late 2027.Why it mattersThe logistical failures and earnings misses highlight the sever