Lucid Group, Inc. (LCID) Q1 2025 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:03.572 At this time, all participants are on a listen-only mode. 00:00:03.572 -- 00:00:08.153 After the speaker's presentation, there will be a question and answer session. 00:00:08.153 -- 00:00:13.094 To ask the question during the session, you will need to press star 11 on your telephone. 00:00:13.094 -- 00:00:17.015 You will then hear an automated message advising your hand is raised. 00:00:17.015 -- 00:00:21.016 To withdraw your question, please press star 11 again. 00:00:21.016 -- 00:00:24.037 I will now like to turn the conference over to Maynard Um. 00:00:24.037 -- 00:00:25.717 You may begin. 00:00:25.717 -- 00:00:29.957 Thank you, and welcome to Lucid Group's first quarter 2025 earnings call. 00:00:29.957 -- 00:00:35.761 Joining me today are Mark Winterhoff, our interim CEO, and Tawfiq Bousaid, CFO. 00:00:35.761 -- 00:00:38.923 Before handing the call over to Mark, let me remind you that some of the statements on 00:00:38.923 -- 00:00:43.186 this call include forward-looking statements under federal securities laws. 00:00:43.186 -- 00:00:47.069 These include, without limitation, statements regarding the future financial performance 00:00:47.069 -- 00:00:52.112 of the company, production and delivery volumes, vehicles and products, studios and service 00:00:52.112 -- 00:00:57.236 networks, financial and operating outlook and guidance, macroeconomic, policy and industry 00:00:57.236 -- 00:01:02.176 trends, tariffs and trade policy, company initiatives, and other future events. 00:01:02.176 -- 00:01:06.820 These statements are based on predictions and expectations as of today, and actual events 00:01:06.820 -- 00:01:10.543 or results may differ due to a number of risks and uncertainties. 00:01:10.543 -- 00:01:14.406 We refer you to t...