Lucid CEO Silvio Napoli disclosed on the company's Q3 earnings call that through summer, the automaker did not know the locations of its vehicles. Customers who placed orders waited up to two weeks for Lucid to locate and deliver a car. Some buyers abandoned their orders during that wait.
The admission comes as Lucid sits on thousands of unsold vehicles. Tesla faced similar inventory tracking problems in 2018 but resolved them while operating at volumes more than ten times Lucid's current scale.