What does Lucid stand for?

It was speculated a few years back that they were going for AGES (Air, Gravity, Earth, Space) listed in order on the website. Now with cosmos in the mix, I'm not so sure.

EDIT: maybe now they're going for CAGES because all the investors profits are locked away and management threw away the key 🤣
CAGES might be a bad choice given that keys not always work for these cars... 🙂
 
It was speculated a few years back that they were going for AGES (Air, Gravity, Earth, Space) listed in order on the website. Now with cosmos in the mix, I'm not so sure.
Maybe they are going for the nucleotide abbreviations, AGCT (for DNA) or AGCU (for RNA). Is the next one starting with a T or an U?
 
I see efficiency, space, performance, handling.

Social media sees significant service delays, key issues, Fisker comparisons. They have the best EV tech, but Rawlinson and Winterof couldn’t capitalize on it.

How does Napoli fix this? Or does he even understand what’s going on? I hope he wakes up every morning and goes through this forum.
The Lucid Air is the best selling vehicle of its category. So I'm not sure it's fair to say they couldn't capitalize on having the best EV tech. Gravity has obviously had some launch problems, but I think it's premature to write it off as a failure. It seems like Lucid has been selling quite a few of them, although I don't know how their volume compares to other similarly pricey EVs. Or even exactly which vehicles are appropriate to compare it to, given its unique characteristics.
 
The Lucid Air is the best selling vehicle of its category. So I'm not sure it's fair to say they couldn't capitalize on having the best EV tech. Gravity has obviously had some launch problems, but I think it's premature to write it off as a failure. It seems like Lucid has been selling quite a few of them, although I don't know how their volume compares to other similarly pricey EVs. Or even exactly which vehicles are appropriate to compare it to, given its unique characteristics.
The gravity sales are bad but it’s hard to say if the stop sale was the issue. But they did not sell well. I forget the data but they overbuilt by like 50%. But-it’s still unknown what that reason was. For a whole month your literally could not buy one. Their leasing is very aggressive this month so it might turn around. They really have to fix them though, it’s gone on too long.
 
The gravity sales are bad
Is that really true? When you compare apples to apples, in terms of launch sales / deliveries, and not comparing it to vehicles that have been out far longer (and thus gained momentum) the Gravity actually was not selling poorly.

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If you compare demand at launch, Lucid sold more Gravities than any competitor other than the Model X.

That doesn't mean there isn't a lot to fix, but the tales of 'nobody buying a Gravity' are nonsense if you look at the data, afaict.
 
Is that really true? When you compare apples to apples, in terms of launch sales / deliveries, and not comparing it to vehicles that have been out far longer (and thus gained momentum) the Gravity actually was not selling poorly.

View attachment 39200

If you compare demand at launch, Lucid sold more Gravities than any competitor other than the Model X.

That doesn't mean there isn't a lot to fix, but the tales of 'nobody buying a Gravity' are nonsense if you look at the data, afaict.
I mean just sold vs made for 1st quarter, I think they’ll move fast, it’s almost 0% money factor leases right now. Issues aside you can’t lease a faster more powerful suv for the money right now.
 
My opinion... I may be wrong... Lucid did exactly what I expected them to do at the onset. With the Air, they came up with an outstanding design and great hardware, but with initial fit and finish issues and PRIMARILY software issues that only excited early adopters would tolerate. Lucid stuck tight with those early owners to resolve the hardware issues fairly quickly, but somewhat challenged their patience on the software side, along with poor quality control on their OTA updates. Within two years, however, the Air was only plagued with a few minor operating annoyances and delayed features.

BUT, the expectation was that the Air learning curve would lead to a much smoother Gravity launch... such that the time it took to get the Air up-to-speed would be at least cut in half, and thus build a credible case for Lucid to be able to move away from early adopters into the mainstream high-volume mid-size market with a fine-tuned launch. Think a really nice Chevy Bolt.

I don't know if it was bonus incentives, PIF demands, or whatever, but their BIG failure failure was bringing out the Gravity way too soon, such that it seemed that they learned nothing from the Air launch. (Perhaps they did learn very little.) Then, once they did start shipping the Gravity in volume, their HUGE failure was having let their service infrastructure fall woefully behind the demands of the installed base... not to mention the insanity of asking owners to drop off their vehicles for even minor repairs weeks before they expected the repairs to start.

One of the few things Lucid now needs to do is already underway. Emad Dalia has initiated major focus on more quickly resolving the software issues. What I have not seen is the initiation of major focus on ramping the service infrastructure to not only handle the current installed base, but to continue the ramp getting ready for mid-size... and to plan the mid-size such that it is not launched before it is at least 90% ready for prime time... even if that means waiting until 2028.

They can survive this if they move fast enough where they need to, and move slow enough where they need to.

Like I said. I may be wrong.
 
I mean just sold vs made for 1st quarter, I think they’ll move fast, it’s almost 0% money factor leases right now. Issues aside you can’t lease a faster more powerful suv for the money right now.
Doesn't the stop sale explain that?
 
Fisker comparisons
Hopefully I'm not being self-centered, but in the thread where I mentioned Fisker i really didn't mean to equate Lucid in any way to Fisker. I just wanted to highlight a worst-case scenario that could conceivably happen to any consumer goods company.

I think it's also worth remembering that people don't typically go to the trouble of signing up for a web forum to discuss a lack of problems. For every dramatic complaint on here there are probably ten-fold happy customers afk.
 
While I think that Lucid still has some work to do to resolve the Gravity's quality issues, I also see clear signs that they're taking the problem seriously and moving in the right direction. While their initial quality problems have put off some people (including me), I continue to believe that there's no other vehicle that is really competitive with what the Gravity offers, and I think it'll sell well (for its price range). The whole "compromise nothing" slogan is a dangerous one for a company to adopt, as it makes it easy to chuck stones when there's a problem. But really, what vehicle combines the ability to haul passengers and cargo, while still tearing up the Nurburgring or Laguna Seca for those with the access (and talent) to drive there, and delivering a great long distance driving and charging experience on the road trip home?
 
Lucid FU (Lucid Fire & Universe)
 
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