Lucid Group Inc. has reported its production and delivery figures for the fourth quarter of 2022. In Q4, the company manufactured 3,493 Lucid Air sedans at its facility in Arizona. A total of 1,932 of these vehicles were delivered during this period.
Lucid also noted that for the entire year of 2022, it was able to produce a total of 7,180 vehicles. This surpassed the company’s adjusted production goal of 6,000 to 7,000 vehicles for 2022, which was posted August last year. Full-year deliveries for the Lucid Air were posted at 4,369 units.
While Lucid exceeded its production guidance for 2022, it should be noted that the company had reduced its targets twice during the year. The company originally aimed to manufacture 20,000 Lucid Air sedans in 2022, but these goals were adjusted in February, as noted in a CNBC report. By then, the company noted that it was looking to produce 12,000-14,000 vehicles in 2022.
These targets were adjusted again in August, when Lucid stated that it was just looking to produce 6,000-7,000 vehicles by the end of 2022. It was these goals that Lucid Motors exceeded in its recently released report.
Lucid will hold a conference call to discuss its fourth quarter 2022 financial results on February 22, 2023 at 2:30 pm PT/ 5:30 pm ET. Prior to the call, the company will release an earnings press release which will include a link to the live webcast on its investor relations website, ir.lucidmotors.com.
Similar to Tesla, Lucid would also be taking questions from shareholders using Say, an investor communications platform. “To enhance engagement with the company’s shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call,” Lucid noted.
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News
Tesla might have built redundancies for Cybercab charging
When Tesla unveiled the Cybercab in 2024, the company noted that the autonomous two-seater would utilize wireless charging.
A newly spotted panel on Tesla’s Cybercab prototype may point to a practical backup for the vehicle’s wireless charging system as it nears mass production.
Tesla watchers have speculated that the panel could house a physical NACS port, which would ensure that the autonomous two-seater could operate reliably even before the company’s wireless charging infrastructure is deployed.
Cybercab possible physical charge port
The discussion was sparked by a post on X by Tesla watcher Owen Sparks, who highlighted a rather interesting panel on the Cybercab’s rear. The panel, which seemed to be present in the prototype units that have been spotted across the United States recently, seemed large enough to house a physical charge port.
When Tesla unveiled the Cybercab in 2024, the company noted that the autonomous two-seater would utilize wireless charging. Since then, however, Tesla has remained largely quiet about the system’s rollout timeline. With the Cybercab expected to enter production in a few months, equipping the vehicle with a physical NACS port would allow it to charge at Superchargers nationwide without relying exclusively on still-undeployed wireless chargers.
Such an approach would not rule out wireless charging long-term. Instead, it would give Tesla flexibility, allowing the Cybercab to operate immediately at scale while wireless charging solutions are rolled out later. For a vehicle designed to operate continuously and autonomously, redundancy in charging options would be a practical move.
Growing Cybercab sightings
Recent sightings of the Cybercab prototype in Chicago point to the same design philosophy. Images shared on social media showed the vehicle coated in road grime, while its rear camera area appeared noticeably cleaner, with visible traces of water on the trunk.
The observation suggests that the Cybercab is equipped with a rear camera washer. As noted by Model Y owner and industry watcher Sawyer Merritt, this is a feature Tesla owners have requested for years, particularly in snowy or wet climates where dirt and slush can obscure cameras and degrade the performance of systems like FSD.
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip additional exterior cameras with similar cleaning systems. For a vehicle that operates without a human driver, after all, maintaining camera visibility in all conditions is essential. Ultimately, the charge-port speculation and camera-washer sightings suggest Tesla is approaching the Cybercab with practicality in mind.
News
Tesla Model Y dominated China’s NEV sales in December 2025
As per sales data from China, the all-electric crossover finished first among the country’s best-selling EVs and plug-in hybrids.
The Tesla Model Y ranked as China’s top-selling new energy vehicle in December, leading an intensely competitive market packed with strong domestic brands.
As per sales data from China, the all-electric crossover finished first among the country’s best-selling EVs and plug-in hybrids. The Model 3 also placed within the country’s top ten vehicles.
Model Y leads China’s NEV rankings
The graphic, shared on X and sourced from Chinese auto industry data aggregator Yiche, listed the top 20 best-selling new energy vehicles in China for December. Tesla’s Model Y claimed the No. 1 position with roughly 65,874 units sold, finishing well ahead of a field dominated by domestic manufacturers such as BYD, SAIC-GM-Wuling, and Xiaomi.
The chart also showed strong performances from other high-volume models, including BYD’s Qin Plus, which sold 46,837 units during the month. Tesla’s Model 3 ranked eighth overall, with just under 28,000 units sold, placing it ahead of numerous locally produced competitors despite its rather premium price.
Tesla China’s strong December
Tesla China had a stellar December 2025. During the month, Tesla sold 97,171 vehicles wholesale in China, as per data from the China Passenger Car Association (CPCA). The result marked Tesla China’s second-highest monthly total on record, trailing only November 2022’s peak of 100,291 units.
December’s wholesale figure represented a 3.63% increase from the same month a year earlier and a 12.08% jump from November. Industry watchers have suggested that part of the surge was driven by Tesla pulling deliveries forward to allow customers to benefit from more favorable purchase tax policies before year-end.
Despite this, December’s results suggest that Tesla’s Model Y and Model 3 remain highly competitive offerings in China, which is extremely impressive considering the competition from domestic players and their still premium price.
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.