Shares fell after CFO Taoufiq Boussaid said incoming CEO Silvio Napoli's review would reset guidance with second-quarter results.
Lucid said supplier problems disrupted EV deliveries, while weak demand prompted the governance decision to pause its annual forecast.
The company had guided for 25,000-27,000 vehicles in 2026 after producing 18,000 last year, and previously cited a seat-supplier issue behind a 29-day Gravity SUV stop-sale.
How will Lucid's Saudi factory, designed to bypass US tariffs, alter global competition for affordable EVs?
Can a new CEO and a billion-dollar investment steer Lucid's risky pivot from luxury cars to the mass market?
Is Lucid's massive robotaxi deal with Uber a lifeline or a distraction from its severe production problems?