What Happened: Lucid reported a quarterly loss of 28 cents per share and revenue of 137.8 million on Tuesday. The company delivered 1,457 vehicles in the quarter and made 1,550.

Following the results, a Tesla investor took to X, formerly Twitter, to note that Lucid lost $433,081 for every vehicle that they delivered in the last quarter. Musk responded to the tweet with a snide, “Maybe they can make it up in volume.”

Furthermore, Lucid vehicles are expensive with the company’s flagship Lucid Air sedan starting at $82,400 for its least expensive variant, reducing the consumer base it appeals to. The higher end Grand Touring version of the sedan starts from $125,600.

Why It Matters: This is not the first time Musk has taken a dig at Lucid. Only earlier this week, Musk reacted to Lucid joining Tesla’s supercharger network with a laughing, "That must have been a bitter pill to swallow," 

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