Finance

Lucid shares drop as EV maker misses second-quarter deliveries

Shares of Lucid (LCID) fell after the luxury electric car maker said second-quarter deliveries fell short of Wall Street expectations. Lucid said it produced 2,173 vehicles in the quarter, delivering 1,404 vehicles in the quarter, below Wall Street’s forecast of 1,873. In the first quarter, Lucid delivered 1,406 cars and produced 2,314. This means that […]

Minnesota finance chief to resign

The Minnesota state government is undergoing personnel changes at the top of the Treasury Department. Minnesota Management and Budget Commissioner Jim Showalter is set to leave his position in mid-August. Showalter was replaced by deputy secretary Erin Campbell, according to a statement from the Waltz administration, which Waltz said had shown “steady leadership and tireless […]