Q1 2025 Earnings Call

[Westchester Air]

FYI, if anyone is interested, you can listen to the earnings call at 5:30pm this evening here:

Earnings Call

 

[DeaneG]

FYI, if anyone is interested, you can listen to the earnings call at 5:30pm this evening here:

Earnings Call

Thanks! That's 2:30pm pacific time.

 

[californiaboy935]

Excited! Can’t wait for the numbers!!

 

[fadooly]

Do you have any highlights?

 

[Westchester Air]

Do you have any highlights?

Scheduled to begin in about 2 hours (5:30pm ET on 5/6/2025)

 

[msaunders9430]

https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-first-quarter-2025-financial-results/

 

[californiaboy935]

Lucid MidSize info! Yippee

https://ir.lucidmotors.com/static-files/90032b0d-7bef-4fbb-b478-25b35ac6baa1

 

[Westchester Air]

Some interesting info:

 

[illopp00]

FYI, if anyone is interested, you can listen to the earnings call at 5:30pm this evening here:

Earnings Call

Thanks, I use stocktwits to just link and then see all the banter and peanut gallery

 

[Murcie]

 

[californiaboy935]

Marc did a great job tee'ing the financials up. Exciting af, and they are very well positioned in the current tariff climate and rare earth shortage, it sounds like.

 

[Westchester Air]

View attachment 28691

82 in a 35?!?! Slow down!!!!

 

[Murcie]

82 in a 35?!?! Slow down!!!!

LOL, I’m glad I switched the gear to park before taking this picture lol, the 82 was for the freeway before coming here

 

[californiaboy935]

"Getting it right, not just getting it out." That is so Lucid and I really appreciate this thinking.

 

[msaunders9430]

"Getting it right, not just getting it out." That is so Lucid and I really appreciate this thinking.

That's the unofficial Gravity production slogan!

And yet they're holding fast to the 20k production guidance for '25, with no drastic increase in Air sales, so balance coming from Gravity.
It's still early in the year and production goals can change.
Gonna be an interesting fall/winter.

It would have been nice to hear Gravity order numbers thus far; let us at least see some water in the desert even if we can't drink it.

Gravity deliveries were happening even as we listened!
I've seen Reddit posts about upcoming deliveries; to be continued.

Fewer deliveries to studios in order to meet the standard customers expect; consistent with the "get it right" slogan.

 

[DeaneG]

...It would have been nice to hear Gravity order numbers thus far...

I thought I heard that Gravity orders were well in excess of Air orders.

 

[californiaboy935]

I thought I heard that Gravity orders were well in excess of Air orders.

That is what I heard, but I will wait for a transcript for final confirmation. It would stand to reason since they mentioned that the GDE is almost sold out.

 

[msaunders9430]

I thought I heard that Gravity orders were well in excess of Air orders.

Ha ha.

So give me some context.
During the Feb. earnings call it was stated that Gravity order exceeded those of the Air.

"We've opened the orders for the Grand Touring in the U.S., and the order for the Gravity Grand Touring are exceeding the Air Grand Touring by far in the same timeframe".

I have no idea the timeframe; 4 months (Nov. - Feb. perhaps).
Any idea what AGT orders were over the initial 4 months of orders?

Kind of joking, unless you really have them.
Surprise me (with proof).

 

[Batteryman]

Good earnings report, Lucid well positioned during these times of uncertainty. Gravity will lead the way to 20k production/deliveries

 

[NoseyReporter]

Sticking to their 20k..

I'm not sure how I feel.