If he House of Saud falls there will be a lot of panic in a lot of markets, oil included. But that is at best purse speculation, and I'm not sure it will affect Lucid, because as shareholders they can only sell their shares and take a huge loss. As bondholders if they have a covenant, they...
They increased the shares of the company for this investor. Two things with that:
1. A company can get a cash infusion as a loan such as a bond, or from stock which increases shareholder equity. A bond or loan is safer for the investor in that they will get paid out ahead of stockholders if...
This should surprise no one.
The Saudis who own about 60% of Lucid are not going to let Lucid go under; there is just too much to lose. At the same time there is so much to gain if Lucid makes it production of their next two models they propose that come after Gravity. That was the...
There have been several site plans over the past two years, some more accurate than others. I've looked at most of them. But this site plan from the engineering firm Kimley-Horn is nearly 100% accurate to what has been actually built in Casa Grande. This one is, in fact, good.
Then why post old drawings and say in your first post that they're good? They're not good. Both those drawings are wrong. Did you even look at the drawings?
Yea but the drawings has some fairly glaring discrepancies from the real photos. Love how the stamping plan has been moved over and re-oriented in the 3D drawing. Geez.
For those of us who relied on Bear's Workshop for his drone flyovers of Lucid, then you know its been over three months since the last one. Well the 3Q financial statement can satisfy your curiously of what has happened during those three months.
In short there's a new parking lot on the...
Receive an email from my Lucid Rep about the Gravity with a request to chat or meet up at the showroom. Not sure but it looks like reservations may start soon. Will update once I talk with the Rep.
Not making a straw man argument. Just stating a fact that you and I seem to agree with. Gravity is not going to be a massed produced vehicle, at least to a scale that will make Lucid wildly profitable. Thus the logic follows that the profitability will come when they release whatever comes...
Living on the north shore of Chicago, I have so far seen just three Lucid Airs on the road, one about a year ago, and two in the past month. I have seen more Ferraris on the road in this same time period. A positive spin is to say it is a very exclusive car. The price point reinfoces that...
Rule #1 in sales is get the product in the customer's hand ASAP. There's this carpeting company in the Midwest called Empire and they sold this approach as a customer service advantage. Their commercials always stated "Buy today, and we'll install it tomorrow." Sounds great, right? Well the...