Search results

Ultimately Lucid’s viability will come down to how it fits into the PIF’s Vision 2030 plan and objectives. You can’t really evaluate the future prospects of the company without understanding the goals of its primary funding source. And the biggest criticism of the PIF is its lack of transparency.

Lucid loses money on every car they sell or lease. Incentives offered to move existing inventory only exacerbate that loss. If your Air is not worth it’s residual value, due to market value or it’s condition, that’s a further loss either for Lucid or BOA. In that context I’m not surprised...

As a current owner of an Air, I can attest to all of the positive attributes of the car. The Gravity seems to have improved upon what was a very good sedan. These are drivers' vehicles that surpass most owners expectations. At the same time this is a new company that is still working the bugs...

It's also going to vary based on the type of film used as manufacturers can have different grades. The ExoShield Sprint film ($500) that I went with is marketed to "weekend drivers." They also have a premium product (GT3+) and an off-road film (Ultra). Each film provides a different level of...

I would imagine that the durability of the film will vary greatly depending on the environment and how frequently the car is exposed to various elements. I live in the dessert where it rarely rains although I have used my wipers on rare occasion with no adverse effects. I’m not sure how the...

I can't speak to the Gravity, but on my Air the film extends about a third of the way up the glass canopy. My recollection from the install is that was the full uncut length of the film. While it was possible to use another piece to cover the entire canopy there didn't seem to be much benefit...

I believe I paid about $500 to have their Sprint product installed. They have different levels of protection and I believe the next step up was about $750. I don't drive mine a lot so the lower end product worked well for me. Some people notice a waviness with the Sprint film and supposedly...

There are epoxies that can be used to fill small cracks and chips. Safelite provides that as a free service with certain insurers. However, once the crack spreads, as it appears to have in this instance, replacement is the only option. Within days of purchasing my Air I had ExoShield...

I think you got a good sale price right at market. Congrats!

It’s a topic that requires dialogue for sure. But for publicly traded companies there’s a proper venue for dialogue and that’s the earnings call. Lucid was compelled to respond yesterday given the impact the announcement had on the stock price. But a company has to be very deliberate in...

Given the choice most companies would prefer their home venue in pursuing litigation. But that assumes that you can establish jurisdiction over the defendant and have them appear in court. It’s a doubtful scenario. So that leaves the court in Portugal. Going that route means dedicating...

You might want to go back and read the risk factors captured in February’s 10-K. Because your logic and analysis is at odds with what the company is saying. I get the idea of investing based on “vibes” particularly if it’s pocket change that won’t affect your life. But when every negative...

With all respect, I don’t think you understand what a hedge fund actually is or how it operates.

Well he can't buy or sell because he's in a blackout period. Theoretically he could have said something publicly but there's little upside. I can understand that shareholders, and perhaps customers, want the company to "do more" in response to this. But not all stakeholders are created equal...

In a perfectly rational world casinos wouldn't exist. Considering that the odds of a startup surviving and outperforming the S&P 500 over a 5 year period are about 2%, DCA on speculative stocks starts to look a lot more like gambling than investing. They call these 2% of startups unicorns for...

He also had to comply with SEC rules and Reg FD. There are a myriad of things that a company can and cannot do when it comes to disclosures and responding to rumors particularly in the weeks leading up to earnings release. Retail investors often have no idea what these rules are. It’s one of...

Well they just replaced the entire leadership team which certainly suggests they learned something. Whether or not they make the same mistakes remains to be seen. And as far as the decision to build the midsize at AMP-2, when that's the preference of your largest investor you have no choice...

No doubt about that. Things will change. The CEO's of Ford and GM have been very clear eyed about the future. And anyone looking at the global market will be doing so with a long view. But not every auto company will make it to the finish line. Lucid's immediate priority needs to be in...

It seems similar to the path Tesla took with the S and X that led them to the 3 and Y. It's a huge gamble and you have to be willing to sustain the billions in losses to get there. But you're either committed to that path are you aren't. The issues that Lucid has had in bringing the Air and...

The future of either company will come down to the willingness of their financial backers to continue to pour money into them. The reality is that it's very difficult to launch a new car company, success takes a long time, and most will fail trying.