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CFO out

gaskiller said:
Yeah , they need that! Maybe you will get the well deserved buyback. Fingers crossed!
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Actually it got worse. There’s a missing gasket on my quarter glass. They said they would replace the glass.

Instead, they taped another rubber gasket over it. Which is Lucid in a nutshell.
 
azguy said:
Not selling many cars.
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the Q2 numbers (production and sales) were below what the recent analysts were expecting.

My sense is, Napoli wasn't in the mood/position to try to jazz up Q2. Let it be a disappointment and blame in on his predecessors (rightfully so).

Now,33 days before his first quarterly earnings call, he is announcing a new team. I presume we should hear more about the strategy going forward on Aug 4. In reality, the hardware lineup is pretty much baked for the next 2 years. Napoli's immediate focus is OpEx and right the ship!
 
socktucker said:
New ceo, new board, rebrand, bankruptcy. Replacing half the board when you can’t even sell enough cars to keep the lights on isnt going to help.
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The world isn’t so binary. They are hiring to focus on the obvious issues they have: customer relations and technology. Getting the Bosch guy on ADAS is smart. This isn’t a pivot. A pivot is exiting the consumer market to focus on robotaxis. I have no idea what will happen with all of this but these seem like smart moves.

I do think the charges this quarter are going to be legendary.
 
So first quarter large difference (2400 units) between production and sales due to faulty seat welds from suppliers. So I expected sales to exceed production as fixed vehicles from 1q26 were moved out. Instead production exceeded sales again, this tome by 800 units. So 1H26 production exceeded sales my 3200 or approximately 80% of the 2q26 sales.
 
socktucker said:
New ceo, new board, rebrand, bankruptcy. Replacing half the board when you can’t even sell enough cars to keep the lights on isnt going to help.
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I just can't any more and am going to have to block you. The only person I have blocked on this forum. Good luck with your resolution with Lucid.
 
DeaneG said:
I just can't any more and am going to have to block you. The only person I have blocked on this forum. Good luck with your resolution with Lucid.
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The misinformation they spread constantly. No threat of bankruptcy in the immediate future, but hey coloring on car windows will make it better 😉
 
The #s out today don't include robotaxis, I'll wait till the next conference call to care what is happening on the daily.
 
socktucker said:
Actually it got worse. There’s a missing gasket on my quarter glass. They said they would replace the glass.

Instead, they taped another rubber gasket over it. Which is Lucid in a nutshell.
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Like I said, you should stop complaining, things will get magically better.
 
gaskiller said:
That’s why you replace, duh
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I guess we will see what happens. Bankruptcy isn’t always the end either. A lot of manufacturers have done it. If they’re serious about being more of a tech co (which their hiring looks like), it might not be a bad idea to have a financial reset too depending on their overall situation. I would expect them to have more presence in KSA too.
 
socktucker said:
New ceo, new board, rebrand, bankruptcy. Replacing half the board when you can’t even sell enough cars to keep the lights on isnt going to help.
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It might. And, it's not the board, it's the operating officers.

Dream Ahead!
 
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