Same reason it was down 6% the day before? In all seriousness, it has been very volatile the past week and I imagine it’s mostly just day traders moving it around, but who knows?
It is a reasonable question...especially since many folks on the Board actually know a fair number of folks who work at Lucid. In order to be helpful, and to answer your question, sharing with us specifically who you have heard has left would enable you to potentially have a real answer as to...
The range is significantly different (than 2024's and earlier). The EPA changed the testing standards and the 2025's are the first models tested under the new, stricter standards. There were also numerous changes made to the cars themselves beginning with the 2025 model years that resulted in...
You had sections of stop & go traffic and drove 75 mph for 92 miles. Both of those things will significantly impact range. Your numbers are not at all surprising. FWIW, today I did 120 miles -- 100 of them on highways at 70 mph, the rest on quiet, rural roads at roughly 45- 50 mph. I...
There's rock bottom and there is reasonable. IMHO the existing rates are not reasonable in light of current market perceptions, competitive offerings and the overall economic environment. They can price WELL over their competitors' lease rates and still be reasonable given the excellence of...
They have a factory that can produce MANY times the number of vehicles they can currently produce. They are not selling anywhere near the number of Gravities that they could sell If they provided reasonable lease rates. The idea would be to sell out production well in advance, report to the...
And herein lies my issue with and IMHO the missed opportunity created by Lucid’s current approach to leasing on the Gravity. Do they have to be rock bottom lease deals? Not at all, but the approach they are taking is just hugely uncompetitive and will leave all but the most ardent early...