$Lucid Group Inc(LCID)$  Almost $700 million lost just last quarter.--- "Lucid's loss from operations surged 38% year over year in Q3 to $687.5 million as it incurred high costs to keep its manufacturing facilities running despite low production. Worse yet, it expects production volumes to still be "significantly" below its manufacturing capacity in the near term. In other words, high costs could continue to dent Lucid's bottom line in the foreseeable future.

While that sounds worrisome, what really made its investors jittery was its reservation backlog -- Lucid reported 34,000 reservations for Lucid Air cars as of Nov. 7, down from 37,000 as of Aug. 3. My rough calculation indicates almost 1,600 reservations for Lucid Air were canceled in the third quarter. Ouch."