The Motley Fool (Fri, 25 Sep): "Lucid Has Delayed the Cosmos SUV Again"

[bcjenkins]

Re: https://finance.yahoo.com/markets/stocks/articles/lucid-delayed-cosmos-suv-again-183500512.html

Does anyone understand the "again" assertion?

My recollection is that there was an announcement in early August, and that's the only one I'm aware of; perhaps I've overlooked something, but this seems like recycled news.

Regardless, I'm looking forward to getting my wife into a test drive vehicle next year.

 

[Need4Sleep]

Just read the article and there is zero measurable or material information with regards to Lucid delaying Cosmos "again". If anything, I suggest looking at the Q2 Earnings Call webcast.

Napoli has stated that AMP-2 was transitioning from construction to industrialization, with expectations for production ready by early 2027, and ramp-up on the second half of 2027. This information has been public for months.

I wouldn't put any weight on the Motley Fool. If anything I go out of my way to block that website from my feed.

 

[socktucker]

Where did the "again" come from? They announced it a while ago.

 

[bcjenkins]

Where did the "again" come from? They announced it a while ago.

Exactly.

 

[gaskiller]

Re: https://finance.yahoo.com/markets/stocks/articles/lucid-delayed-cosmos-suv-again-183500512.html

Does anyone understand the "again" assertion?

My recollection is that there was an announcement in early August, and that's the only one I'm aware of; perhaps I've overlooked something, but this seems like recycled news.

Regardless, I'm looking forward to getting my wife into a test drive vehicle next year.

Motley fool articles are written by clickbait amateurs. Loads of rubbish. They used to be reputable but they pay all these free lancers for clicks. They have become a way for Wall Street to push a narrative they want. Unfortunately, many people don’t realize they are trash written by a novice with an agenda.

 

[socktucker]

https://www.investing.com/news/analyst-ratings/cantor-fitzgerald-reiterates-lucid-stock-rating-on-saudi-plant-progress-93CH-4920135

this is probably more accurate. Neutral. Lucid getting sued by Honeywell, delay on Cosmos, but countered that bad news with good news from another vehicle contract in EU, launch in France, and more service hiring. So stock didn't go up or down on either news. Cantor Fitz calls it undervalued at $4, they target $8. That doesn't get many clicks though.

 

[AZLucidGuy]

There is no "again". This is the Q2 earnings call announcement by Napoli where he said H2 2027. Nothing changed. Just an inaccurate headline.

 

[Corplhicks]

The monthly fall sometimes fulfill its namesake