Gravity delays, the few they sold in Dec was a joke, PIF got pissed off, told Peter to go. I mean, it’s 6 months since and they still haven’t ramped up deliveries. It’s shameful Lucid executives can’t figure out how supply chain , marketing etc. The Air deliveries were a dud when it was first released, and now they repeat this nonsense with the Gravity. Pissing off investors so they are selling. They need to get their act together!!!!
Yep, bought another 2000 shares today
A 10:1 reverse split.
lol
I’m Warren Buffet, buy buy buy.
That's the equivalent of 1.00 when this thread was made lol everyone down 50-75%
I’m actually not upset, I’m buying every paycheck…..great opportunity to average down.
I'm curious: are you buying with a specific hypothesis of what the stock price will be if the coming mid-sized launch removes a lot of the uncertainty of Lucid surviving? Or is it more of a general feeling that the market is underestimating the chance of Lucid's success, and thus under-valuing the stock today? Or some entirely different investment thesis?
The Toyota starts in the mid $50k range and has some fairly mediocre specs. Can't imagine Lexus will be competitive on pricing or specs.The new Toyota Highlander is an all electric EV. Which means a Lexus version is coming soon. RIP Lucid
And Lucid, notorious for poor quality control, is hoping a mid sized SUV will bring profit. With Toyota, notorious for high quality, launching a midsized all electric SUV, it won’t go well for Lucid.
I thought this was obvious, but in case it's not: these are different products that shouldn't have much overlap in buyers. The highlander is about as big as the Gravity, has three rows and is not meant to be a luxury product. The midsize is expected to be a much smaller five-seater with a focus on entry-level luxury.
I dunno, Toyota's initial EV offering in the USA seems pretty underwhelming, and I think the industry has demonstrated that success manufacturing ICE vehicles doesn't guarantee an easy road to EV success. Speaking as a current Highlander owner, I'm still thinking Lucid has the potential to succeed in the mid market.
But they will be competitive on brand recognition, fit & finish, servicing, parts availability, sales outlets & probably resale value. That may be all they need.
