Lucid Group, Inc.

Hello, and welcome to Lucid Q4 2024 earnings call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask the question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Well, now I'd like to turn the conference over to Maynard Ump, First, you may begin.

Thank you, and welcome to Lucid Group's fourth quarter 2024 earnings call. Joining me today are Mark Winterhoff, our interim CEO, Gagan Dhingra, senior vice president of finance and principal accounting officer, and Tawfiq Basaid, CFO. Before handing the call over to Mark, let me remind you that some of the statements on this call include forward-looking statements under federal securities laws. These include, without limitation, statements regarding the future financial performance of the company, production and delivery volumes, vehicle and products, studios and service networks, financial and operating outlook and guidance, macroeconomic policy and industry trends, company initiatives, and other future events. These statements are based on the predictions and expectations as of today and actual events of results may differ due to a number of risks and uncertainties. We refer you to the cautionary language and the risk factors in our most recent filings with the SEC and the forward-looking statements on page two of our investor deck available on the investor relations section of our website at ir.lucidmotors.com. In addition, management will make reference to non-GAAP financial measures during this call. A discussion of why we use non-GAAP financial measures and information regarding reconciliation of our GAAP versus non-GAAP results is available in our earnings press release issued earlier this afternoon. as well as in the investor deck. With that, I'd like to turn the call over to Lucid's interim CEO, Mark Wintoroff. Mark, please go ahead.

Thank you, Maynard. And thank you everyone for joining us in our 2024 and fourth quarter earnings goal. This is my first time speaking to you as interim CEO. I'm honored the board has named me to this role at a pivotal and exciting time in the company's journey. It's a true pleasure to be here and share our vision, progress, and the remarkable strides Lucid has made in 2024. Before I get to my prepared remarks, I'd like to first thank Peter Rawlinson. Peter founded Lucid as you know it today, helping to bring the world the most advanced EV technology, the Lucid Air, the world's best sedan, and the Lucid Gravity, an SUV with truly no compromise. Under his leadership, the team built the most advanced Greenfield EV manufacturing plant in the US, built the first car plant in Saudi Arabia, signed the company's first technology supply agreement with an OEM, and put us on a determined path to further advance the state of the automobile electrical cars with our next generation Atlas powertrain and the midsize platform. I could probably spend the entire hour speaking to his accomplishments. But above all, Peter put together an incredible team to advance the company's mission, and I'm honored to lead this team into the next phase of its journey. This takes nicely into my delight to introduce today Lucid CFO Tawfiq Hussaid. Tawfiq brings very strong financial experience as a CFO that aligns very well with our long-term strategy. He has decades of experience in strategic finance and operational transformation with a proven ability to align financial strategy with business objectives as we scale our operations efficiently. He joined us a few weeks ago, but is already getting to the thick of it. Tawfiq, would you like to give a brief introduction?