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Target $0

BS8899 said:
The way it comes across is, Lucid is in a financial Catch22. They want to expand, sell more Gravities, and get the mid-size Cosmo going. Financially and able-body resources limited, and besieged with ongoing SW/HW problems, and trying to do TWO mid-size products in rapid succession, I have a hard time seeing how they are going to pull it off. So, they trim Service, presumably to save money, right in the middle of the Gravity ramp. I guess they think buyers will focus on the eye-candies like Gravity and Cosmo. Perhaps no one would notice Service is hammered!
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I think a bigger problem was laying off service and THEN having all the new software and Air and Gravity recalls right afterward. Perfect storm.

There was also a sales commission change I heard which nobody liked.
 
The_Don said:
Right, because stock prices have always been a good measure of company value....
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They most definitely are if your stock goes to worthless or turns into a penny stock, which is basically the same thing. 😂
 
BS8899 said:
The way it comes across is, Lucid is in a financial Catch22. They want to expand, sell more Gravities, and get the mid-size Cosmo going. Financially and able-body resources limited, and besieged with ongoing SW/HW problems, and trying to do TWO mid-size products in rapid succession, I have a hard time seeing how they are going to pull it off. So, they trim Service, presumably to save money, right in the middle of the Gravity ramp. I guess they think buyers will focus on the eye-candies like Gravity and Cosmo. Perhaps no one would notice Service is hammered!
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Cutting service by Marc was a panicky knee jerk move….then in 1 year he has to hire them back!

If was thoughtless and you lose more than you gain in the long run. Good thing he didn’t make CEO
 
sri said:
Looks like Lucid is targeting $0, i am at a point believing that boat already started sinking.
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Yeah, I thought we might have finally found the bottom 2 weeks ago and bounced off it, but here we are again in another freefall. 😵
 
The_Don said:
Can we please stop with these posts? Lucid share price fluctuations have nothing to do with company operations. Share price being down =/= boat is sinking.

It's down today along with the broader market because the strong jobs report suggests there will likely be a rate hike this year.
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Well...

S&P500 is +1% for the week.
LCID is -21% for the week.
 
borski said:
I'm targeting $0 for the value of this thread
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Lucid has all the time and money to prove this thread has no worth and i wish they do.
Until then, Lucid is proving this with their valuation. If Lucid think current valuation is not fair, CEO, CTO etc should have bought at least 1 stock by now. Which seems they didn't buy a single stock yet.
 
sri said:
Lucid has all the time and money to prove this thread has no worth and i wish they do.
Until then, Lucid is proving this with their valuation. If Lucid think current valuation is not fair, CEO, CTO etc should have bought at least 1 stock by now. Which seems they didn't buy a single stock yet.
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You don’t base company fair value on company insiders buying stock. Thats an unsophisticated way of investing.
 
socktucker said:
That was a nasty line by you
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Just my opinion. Didn't mean to be nasty. I think short sellers and nonsense is what drives the LCID stock price. I do not think the LCID stock price makes one iota of difference as to how good or bad the car is, or as to the longevity of Lucid. You are allowed to disagree; that's fine.

I do not think this thread will have any value, as there have been countless threads before it that have had an equivalent value.

But sure, chat away about the stock price.
 
sri said:
Lucid has all the time and money to prove this thread has no worth and i wish they do.
Until then, Lucid is proving this with their valuation. If Lucid think current valuation is not fair, CEO, CTO etc should have bought at least 1 stock by now. Which seems they didn't buy a single stock yet.
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There's a lot of confusion here about how executive stock works.

Execs can buy their company's stock on the open market, but it's heavily restricted. They're locked out during blackout windows around earnings, which is most of the quarter. They mostly trade through 10b5-1 plans, where buys and sells are scheduled in advance and execute automatically. That's the whole point: it removes any question of trading on inside information. And short-swing profit rules claw back any profit on a buy and sell within six months. So casual "I believe in my company, let me grab a few shares" buying is genuinely discouraged by design, and might be illegal depending on the timing. This is true for any public company, not just Lucid.

On top of that, these people already hold enormous positions. Stock is the vast majority of their comp. Expecting them to go buy "at least 1 stock" to prove conviction misunderstands the situation entirely. They're already all-in by default.

As for the valuation argument: Lucid doesn't control its stock price day to day. They control deliveries, margins, and guidance. The price is a different animal. LCID is a small-cap with massive short interest, and short-term price action tells you a lot more about what the shorts are doing than about the company.

In my opinion, it's a near-useless metric for anything except counting how many short sellers had a good day.
 
borski said:
Just my opinion. Didn't mean to be nasty. I think short sellers and nonsense is what drives the LCID stock price. I do not think the LCID stock price makes one iota of difference as to how good or bad the car is, or as to the longevity of Lucid. You are allowed to disagree; that's fine.

I do not think this thread will have any value, as there have been countless threads before it that have had an equivalent value.

But sure, chat away about the stock price.
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That was a Tito Ortiz meme, sir.
 
Anyone thinking of buying a Lucid will go online and read about service delays and walk away....Nice one Marc Winterof! You bettered Rawlinson's token release of the Gravity in 2024....
 
borski said:
There's a lot of confusion here about how executive stock works.

Execs can buy their company's stock on the open market, but it's heavily restricted. They're locked out during blackout windows around earnings, which is most of the quarter. They mostly trade through 10b5-1 plans, where buys and sells are scheduled in advance and execute automatically. That's the whole point: it removes any question of trading on inside information. And short-swing profit rules claw back any profit on a buy and sell within six months. So casual "I believe in my company, let me grab a few shares" buying is genuinely discouraged by design, and might be illegal depending on the timing. This is true for any public company, not just Lucid.

On top of that, these people already hold enormous positions. Stock is the vast majority of their comp. Expecting them to go buy "at least 1 stock" to prove conviction misunderstands the situation entirely. They're already all-in by default.

As for the valuation argument: Lucid doesn't control its stock price day to day. They control deliveries, margins, and guidance. The price is a different animal. LCID is a small-cap with massive short interest, and short-term price action tells you a lot more about what the shorts are doing than about the company.

In my opinion, it's a near-useless metric for anything except counting how many short sellers had a good day.
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This is what a legit company looks like, not "CEO bought some stock!" hyped Meme stock.

There is always an argument CEO priority is to protect shareholders value, while its true there are many ways to execute that, some are cheap and quick, some requires hardwork but solid.
 
This is a long term Game \ investment

Lucid is not just a car company

Many people do not understand how important lucid

This is a nice article

https://finance.yahoo.com/sectors/energy/articles/saudi-arabia-betting-big-electric-212445676.html


Once I am free I will write my take on lucid and why I think it is a steal at this price and in 10 years things will look way different


There are lot of important pieces of information that this forum is not reading because it is happening in Saudi
 
fadooly said:
This is a long term Game \ investment

Lucid is not just a car company

Many people do not understand how important lucid

This is a nice article

https://finance.yahoo.com/sectors/energy/articles/saudi-arabia-betting-big-electric-212445676.html


Once I am free I will write my take on lucid and why I think it is a steal at this price and in 10 years things will look way different


There are lot of important pieces of information that this forum is not reading because it is happening in Saudi
Click to expand...

This…..

“ a purchase agreement for tens of thousands of vehicles for use within the kingdom. “
 
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