- Joined
- Nov 18, 2022
- Messages
- 828
- Reaction score
- 554
- Cars
- Lucid Air Grand Touring
These graphs show a rather rosy picture of the financials. I have no reason to doubt you.I have been digging into the Q4 financials and they look very good. It really makes me question if Peter was pushed out as it appears on the surface or if there are other reasons that Peter decided to step aside. Deliveries continue to ramp nicely:
View attachment 26876
The best estimate for contribution margin is gross profit less depreciation and inventory write downs which become positive this quarter.
View attachment 26877
If so,
[1] Lucid Corp should be net cash positive by 2026?
[2] Since most of the cars (75%+) shipped in 2025 will be Airs, the sedan market is not saturated in the US and rest of the world?
[3] There are no financial impact to Lucid P&L and (sedan) market cannibalization (by the used Airs coming off leases) in 2025?