Lucid has set ambitious goals in what anyone would call a challenging market. Every automaker globally is facing headwinds today, but Lucid has strong products and a growing reputation as a technology and performance leader in its market segment. Strong Saudi backing all but guarantees the company's ability to weather its growing pains. It is more important for Lucid to ship Good products than Many products. It encourages me that management embraces that philosophy.
Now, for the common individual investor, one who checks each of their holding's share price on a daily basis, LCID is unlikely to be a good choice. Though somewhat stabilized, LCID is still floating on speculative waves unmoored from any tangible value. Lucid Motors is a startup building a global manufacturing, service, and support business during a period of global trade turmoil. We are likely not to know what LCID shares are "worth" before the end of this decade, and maybe not then. There will be good days and bad days, and several more rounds of funding. That is today and always has been the reality. I hold shares today, but only an amount I can afford to lose. Pulling share price forecasts out of thin air is an act of futility at best, especially given the controlling number of shares that never trade.
