Since the close of trading last week, shares of the electric vehicle maker Lucid Group (NASDAQ: LCID) traded roughly 10% lower, as of 9:57 a.m. ET today. The move comes after Lucid reported third-quarter deliveries earlier this week, and received a negative rating from Wall Street.

On Monday, Lucid reported third-quarter deliveries of 4,078 vehicles. That is a record for the company and up 48% year over year, but came up short of Wall Street estimates, which called for nearly 5,000 deliveries.

Image source: Lucid Group.

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Source Fool.com