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That's exactly what I said in my second post....Short-term vision and hope is not a strategy Lucid should be having. If they don't make enough cars, how do they make money and pay bills?

I think the Sears CEO said the same thing in the 90s. Short-term vision and hope is not a strategy Lucid should be having. If they don't make enough cars how do they make money and pay bills?

The ship has a big hole. Peter refuses to answer what is your best run rate. Estimates drop again in half down to 6k/7k cars in 2022. They fired the previous exec and now things look bad. Why can't they ramp up and make cars in a plant they are already expanding to AMP2? They will have to...

I just dislike how car manufacturers say it's this price after the $7,500 tax incentive...No it's not! The price is what it is on the sticker. If you know when you will take delivery you might be able to plan for some capital gains that year. It doesn't solve the issue to me, saying the car...

It is called UP TO $7,500 tax credit and it is only good if your tax bill is $7,500 or more to get the full credit. If your tax bill is you owe $3,000 you only get $3k credit and the rest ($4,500) goes POOF! We need $7,500 off the price of the EV, not an up-to-tax credit.

From what I am understanding we would need a bill of sale of some type of PO signed by both parties before 12/31/22 or the law goes into effect.

They need to focus on this for 2 key reasons: It generates revenue and the market is driven quarter by quarter (unfortunately). The key takeaway is scale is hard then you realize. Quality is expected by consumers and customer experience is everything, including brand loyalty. Tesla has brand...

and add 2 🤣 Trade secrets revealed.

Thanks! I am always looking for good podcasts!

With Saudi money, I think Lucid is fine. Look at the LIV Tour money they have. I feel confident in 2023 delivery. My only hesitation is bare bones AP models might get pushed out to end of 2023 or 2024. I do wish they would communicate more on the AP and ETA based on options.

Lucid Motors: Darwinism Is Eating EV Manufacturers Jul. 19, 2022 2:38 PM ETLucid Group, Inc. (LCID)4 Comments2 Likes Summary Lucid is well capitalized to weather the EV winter. The company continues to execute well on its operational targets and has sped up plans for its first factory outside...

Yes, those cars are coming from the SA plant, not the AZ plant. Full read: Lucid Motors Stock: Darwinism Is Eating EV Manufacturers (NASDAQ:LCID) | Seeking Alpha

Right now this is the data being reported: Lucid last reported earnings for its fiscal 2022 first quarter which saw revenue come in at $57.7 million as deliveries topped out at 360 against guidance for production volume of 12,000 to 14,000 vehicles for the year. Lucid expects to deliver 49,000...

GVR means weight of all passengers, the car, and the cargo. I wonder if they have that...Do not exceed 15 people in the Air 😉

AWD gives you traction off the line, no tire spin just pure grip. The best way to think of it is RWD pushes you along and AWD pulls you. Some people love RWD handling, you get more feel for the road and it makes you a better driver in the sense you have to be aware. AWD gives you that...

It's your money, you buy whatever you want. That's what I say. I am just not going to go beyond what I plan to spend, period...options be dammed. Could I go up, yes. Will I, No! That's just me though. This is my car and my wife gets little say on this...it's mine. I am not going to go up in...

Good to know!

You get 20" wheels, leather interior options, and nice badging that says, "Touring" ;)

I hate leather as a seat option, we have better tech today so I prefer modern materials.

I'm with you. If the range isn't 400+ then I might wait for a Ioniq 6 N.