- Joined
- Sep 17, 2025
- Messages
- 96
- Reaction score
- 65
I listened to the entirety of the earnings call and following Q&A.
My bias is if they miss by $100M each and every qtr is largely irrelevant because the it is will the midsize be on schedule, what is its specs including price, full stop.
What happened on the call was bad, but mostly explainable, mostly.
The inventory amount needed some follow up because that number is huge.
They explained the bad qtr by the stop sale, but when asked how many sales will be pulled into the next qtr because of this solved issue, Marc didn’t know - wow!!
Pulling guidance and will re-issue at the end of Q2 when the new CEO finishes his assessment. There isn’t a great way to handle this, but pulling guidance is the worst way.
Ramp up of midsize is on track. Reveal, testing schedule, ordering and production start all subject to change until Q2 guidance. Stating that the only thing that matters is a smooth ramp.
Won’t need additional financing until 2H27. Weak questions about this.
Uber and robotaxi commercialization before year end still.
Saudi facility buildout for midsize is on schedule.
Right now Lucid’s efficiency enables having it all, range, space, acceleration, fast charging. But, as battery tech improves to semi-solid state and beyond these criteria are achievable by other manufacturers and the margin able cost difference relying on the battery tech instead of Lucid’s class leading engineering becomes far less relevant, but midsize should be ramped and maybe a year or perhaps two for the competition to get tight. My guess, especially since it seems donut battery has its own issues, maybe.
My bias is if they miss by $100M each and every qtr is largely irrelevant because the it is will the midsize be on schedule, what is its specs including price, full stop.
What happened on the call was bad, but mostly explainable, mostly.
The inventory amount needed some follow up because that number is huge.
They explained the bad qtr by the stop sale, but when asked how many sales will be pulled into the next qtr because of this solved issue, Marc didn’t know - wow!!
Pulling guidance and will re-issue at the end of Q2 when the new CEO finishes his assessment. There isn’t a great way to handle this, but pulling guidance is the worst way.
Ramp up of midsize is on track. Reveal, testing schedule, ordering and production start all subject to change until Q2 guidance. Stating that the only thing that matters is a smooth ramp.
Won’t need additional financing until 2H27. Weak questions about this.
Uber and robotaxi commercialization before year end still.
Saudi facility buildout for midsize is on schedule.
Right now Lucid’s efficiency enables having it all, range, space, acceleration, fast charging. But, as battery tech improves to semi-solid state and beyond these criteria are achievable by other manufacturers and the margin able cost difference relying on the battery tech instead of Lucid’s class leading engineering becomes far less relevant, but midsize should be ramped and maybe a year or perhaps two for the competition to get tight. My guess, especially since it seems donut battery has its own issues, maybe.
100% Polymarket is gambling of insider knowledge. Can’t wait until it’s made illegal.