You cannot compare Jobbs to Peter. Sorry, Jobbs in on another level. Lucid needs another direction, problem is sales and marketing. Not EV tech. Time to change leadership and a good call.
But you are so consistently and overtly negative (given your experience, which I understand) that perhaps the way you experience Lucid is not representative of most owners? I know 10 folks well now who have Airs. Nine feel it’s literally the best car they’ve ever driven, one cannot wait for their lease to end. Of course Forums like this tend to hear more from the one than the nine…
I just happily bought more shares at $2.25. I still believe that Lucid will survive and thrive. I love Peter. He’s an incredible success story. As he himself said (even if he said it because he had to), it’s time to pass the baton to the very capable team he put in place.
We could debate the Jobs and Peter comparison. But let us just agree to disagree. I think that Peter is a "key man" to Lucid. I am very bullish on Lucid, but why is the target for 2025 only 20,000 vehicles? Yes, that's double 2024. However, if Air sales are flat at 10K (not good...), that leaves only 10K for Gravity (also not so good). I would rather have seen guidance for 15K Air and 20K Gravity because of the much larger TAM that Lucid is always referencing.
I’m not trying to be negative, but I’m being honest about my experience and the experiences of three other current lucid lease owners (two of them are friends) who are also planning to return the car once the lease ends later this year. I haven’t denied the fact that it’s one of the best cars to drive, but the cons definitely outweigh the pros of the driving experience. Honesty can be tough, and unfortunately, not everyone is open about it these days, especially on this forum. So good luck to you and others!
In Q4, Lucid delivered 3099 Airs, that is already a run rate over 12k Airs per year. It seems that the ability to ramp Gravity is limiting 2025 production to 20k
That TAM won't be anywhere near saturated this year because only the GT will be available for most of the year. Part of why trims are released high to low is because the demand for each lower trim is higher, which gives time to figure out production and quality problems while demand is lower. Not saying there are production or quality problems, but Lucid is rightly factoring this into their plan. That could be an under-promise/over-deliver situation for all we know.
I can't delete my post, but I can't take it.I talk about this forum being therapy for some. Jokingly, but seriously.
Today I need it.
Moderator, this post is not getting off-topic even though I mention another ev model below.
It's about that freaking call yesterday!
That freaking earnings call is still trying to drive me nuts with the lack of details.
After hearing about the production capacity constraints during the earnings call, my impatience has me considering a backup purchase in case, come end of this year and for whatever reason Tourings are not open for ordering. If I was a drinking man, I'd be in bad shape.
I think I just need to finalize what a backup model might be, reluctantly.
R1S (those freaking headlights), Polestar 3 (closest service center is 125 miles away in DC and I hate driving up there), EX90 (Volvo just isn't me, stupid stationwagons growing up live in my head forever).
After much consternation, it's a Macan 4 EV as the backup purchase.
The build configuration comes out to $2k less than a Gravity Touring.
I would be nuts to buy that much less car in terms of interior space, small frunk, etc. for $2k less.
I hate impatience and my heart say "be patient".
I showed pics below to wife, she still likes the Lucid.
Maybe what's getting to me is I drive by a Porsche dealer every other day. It's less than 5 miles from my house, on the way to the gym! Arrrgggh!
And they're working on a new building. The pics of the showroom look great!
Just saying ... come November/December, I'm gonna need help here.
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Every manufacturer, including Mercedes, Porsche, BMW has one of these who absolutely hate their vehicle. I’m not surprised Lucid has one.
Yeah the stock did fine because most people are clueless. They just saw the headlines where Peter got over 300 million in compensation and think he's just sucking money out of the company (that was when the company was valued over 50 billion, and it's not like he's sold his stock). Not knowing, or realizing he is an engineer and is the sole reason their cars have been so technically advanced. You can have immensely talented engineering staff, but if the lead of the company isn't into the engineering and just cares about the car coming out and this quarters profits, you will have generic EVs like every other car company. All car companies have super talented engineers, but you need people higher up to listen to them.
LOVE THIS^
LOL, I guess we should all be grateful that you are willing to be honest and I should let my nine Air loving friends that I don’t appreciate them lying to me. Uh-oh, perhaps I’ve been lying to myself too!! I better seriously reevaluate the joy I get driving my ‘25 AGT. After all, I must be lying to myself given that I prefer my Lucid to Ferrari’s BMW’s, Audi’s, a Porsche, a Tesla…
We know that the full-size sedan market is fairly saturated. It wouldn’t surprise me if full-size sedans are simply market-capped at the moment. Despite that, Lucid is selling out their category, as #1 in EVs in the segment and #3 of all vehicles in the segment, including ICE vehicles - if I heard correctly on the earnings call.
All in time. That TAM isn’t going away.
It's still possible that even if you order your Gravity-Touring by end of 2025, it won't be fulfilled for another year.I can't delete my post, but I can't take it.
If I can't order a Touring by year end, I'll just pay the extra $15k and order a GT.
Better than settling.
That’s a fair statement on your part. I’m delighted to hear that your experience with Lucid is vastly superior to mine. I’ve mentioned in previous posts that I enjoy the driving experience, but with five service shop visits and three mobile appointments in just ten months of my 18-month lease, the ownership experience and my desire to maintain brand loyalty have been severely compromised. I still encounter recurring rear door handle opening and stuck issues, and I’ve given up after two appointments solely for these problems.
