The reason I ask is that its the time that companies update investors on where they stand during their earnings conference call. They should some provide guidance on material events in their call rather than we spent $xxx, had essentially no revenue and our cash is now $xxx. This guidance should include such things as number of deliveries if they have already started or when they would begin them if they haven't, current reservation numbers, production numbers, production facility construction updates, Project Gravity, etc. So if their earnings call is this month, it might be when they announce the first deliveries. If it is after 10/31 they would have to answer why they missed their delivery date if they have not started.Isn't that kind of irrelevant, since the stock price is going to be dependent on the # of reservations that are fulfilled and future demand for Lucid's cars and SUV's.
As a total novice I just bought without going to stock option route.I would love if they provided such information considering I have so much skin in the game, 25,000 shares of LCID at an average buy in price of 22.22. For the last 8 months, I have been continually selling covered call options when it was CCIV(before SPAC conversion) and then LCID after SPAC conversion. I'm putting a lot of faith in Rawlinson and company. Hope I do not get burned. Meanwhile collecting covered call options while I wait seems a worthwhile strategy to provide some cushion, in case the company and stock goes south. My main concern is how many buyers are out there for the lowest trim level at 77K. Tesla took off when it came out with the lower priced Model 3. I feel Lucid has to have a car that meets that price point where it can sell in large numbers.
I wonder of it's any coincidence that "Motor Trend" is announcing its 2022 Car of the Year on November 15?
There are 7 finalists. Today "Motor Trend" reveled four of the finalists that will NOT win the award:
Mercedes S-Class
Mercedes EQS
Porsche Taycan
Toyota GR 86
They are revealing the other three finalists tomorrow. Is the Lucid Air among them? Is that why "Motor Trend" has been given so much more access to the car for independent testing than other major outlets?
In reading the article, I'd be interested to hear from owners if that list of issues has indeed been addressed.
Let's face it, if buyers received their cars with different colors in the front & rear, the more common reaction would be, "Wow, the factory really screwed up". Yes, it's a design choice, but I suspect a polarizing design choice.