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    Lucid Air Production Delay

    Better to get them fixed now than have disappointed buyers who dissuade others from future purchase.
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    I Just Don't Get It . . .

    Traders often sell “sell on the news” after a long-rumored deal is consummated. The scope of Churchill’s decline was especially pronounced, signifying investors may also have been disappointed by the production delay or the terms of the deal. Lucid said it expects to need $600 million in bridge...
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    I Just Don't Get It . . .

    The rest of the article that got cut off. But the thing that stood out in Lucid’s financial disclosures was the level of projected cash burn: It expects to consume almost $10 billion of cash in four years. That far exceeds the $4.4 billion Lucid will receive from the SPAC and a concurrent...
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    I Just Don't Get It . . .

    So far Lucid has received a modest 7,500 reservations for its first model, an attractive and technologically advanced luxury sedan called the Lucid Air. It won’t start production until the second half of this year, rather than the spring, as previously communicated. But the thing that stood out...
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    I Just Don't Get It . . .

    Change in delivery just announced previously from 2nd quarter to now 2nd half of the year. "Lucid will now start production of its first EV, a luxury sedan called the Air, in the second half of this year. The company had said deliveries of the $169,000 car would start in the second quarter".
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    I Just Don't Get It . . .

    I have driven the Porsche Taycan Turbo and it is very impressive, but as you stated about the legacy brands, the range of the Taycan was very underwhelming.
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    I Just Don't Get It . . .

    Actually I prefer a sedan rather than an SUV. Most SUV's are boxy looking and unappealing to my eyes. (to each his own). And yes I am retired. It would be perfect for me if the Lucid Air was half a foot shorter, but that will not prevent me from buying the Dream Edition or Grand Touring trim in...
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    I Just Don't Get It . . .

    Thank you for your reply hmp10. I do agree with you in that I like the wheels of the Grand Touring better than the Dream edition, and I suppose the acceleration should be enough(my Panamera Turbo does 0-60 in 3.6 seconds) though I always like more power. The Santa Monica interior is impressive...
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    I Just Don't Get It . . .

    I plan to put my order in for a Lucid air Dream/Grand Touring Edition during the summer of 2022 for a 2023 model( I am unhappy that the Dream Edition will probably not be available by then) Maybe if the demand is there, they will extend it . I had originally ordered a 2020 Porsche Taycon Turbo...
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    I Just Don't Get It . . .

    I presume since there is more demand for SUV's than sedans, that maybe the reason. Again, when Lucid is released, I would expect renewed interest. If not, then Lucid has a problem.
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    I Just Don't Get It . . .

    My impression is that I just don't think there has been that much new information( released by Lucid) in the last week to comment on. Example. Horsepower figures were released, but no torque numbers? I expect after the car is approved for sale and the car magazines get a hold of one for...
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    Visit to West Palm Beach Design Studio

    Thank you hmp10 for that explanation which answers my questions. When the Dream Edition ends it limited run, then I assume that the Grand Touring edition will now be the top trim(assuming the tri-motor is far enough in the future). With the restrictions in color selection I would order the...
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    Visit to West Palm Beach Design Studio

    Thank you hmp10 for your detailed impressions. They are very helpful. I also do not understand why if you wish to order the Dream Edition you are so restricted on color and wheels. It seems to me if you are willing to spend more money for the top trim, you should be able to order both the...
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    Lucid Motors

    Hi all, Live in Portland Oregon. Own a 2018 Porsche Panamera Turbo. I would like to order a Dream Edition. Wondering when a studio will open up nearby. I know Seattle will have one, but that is still a 3+ hour drive each way.
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