Search results

They specialize in helping companies make high-impact strategic decisions, including turnarounds. If Apple engaged this company, I would agree that it’s not to avoid bankruptcy. I mean it’s great they are actively exploring options to turn operations around vs. staying BAU. And also great that...

Bankruptcy or not, they aren’t there to throw a party. I’m not not canceling my order because I’m afraid of being judged by people on this forum. That’s kind of ridiculous. I love the gravity otherwise I would’ve cancelled months ago but certainly having doubts given the recent circumstances. I...

Hiring a consultant that specializes in bankruptcy is a recent material change. Changes at the c-suite level are relatively recent and material. I’m still waiting for my gravity to come and the delay in receiving it is very recent and material to me that the company can’t deliver nor...

That’s helpful and agree that’s material.

Don’t need to be a financial engineer to appreciate the stress the company is under.

Respectfully, Nick has to say what he can to help the company. The facts point to something different.

Unsure how they can offer support. Having enough money to last a year isn’t great. They’ve stopped providing guidance on future deliveries. I know we all want a positive spin/outlook but it’s not looking good. If Cosmos doesn’t sell well, I can’t see how the company stays a going concern.

https://****************.com/lucid/exclusive-lucid-weighs-going-private-or-chapter-11-as-adviser-reports-to-board/

I went on a test drive on a cloudy day in PA and saw it the whole time. It was horrible. Interesting how it’s hit or miss.

For context, ordered with the power package but it’s delayed. They have one matching everything I want but with the tech package which I was avoiding because of the glare and blue oval issues.

Appreciate the quick replies.

Sorry to revive this chat. Can folks comment if they see the blue oval with the HUD off? Thanks.

Per my SA, “Unfortunately, I do not have an updated timeline for when your vehicle will depart the factory.”

Not saying they will file. Just explaining that drawing down doesn’t mean they can’t. Separately, there is a saying of throwing good money after bad. At some point, it no longer makes sense to keep investing in a failing company just because you’ve already invested a significant sum. It’s...

If they have a revolver and drew down on it, that’s generally allowed as long as they’re not in default, so just because they drew down, doesn’t mean they won’t claim bankruptcy next month. Not saying that’s going to happen but borrowing isn’t an indicator of not going into chapter 11.

Heard today that my vehicle, which I was supposed to get next week, is delayed. Per the SA, vehicle has not yet departed the factory, and a factory departure date has not been scheduled. Sucks.

Have they ever mentioned that these features would be forthcoming at some point? For some reason feel like I recall that they were opposed bringing streams apps to the interface.

Music to my ears.

Thanks for the detailed reply. Hopefully my wait ends in the next three weeks.

Are there owners that have zero issues or is expectation/probability reasonably high that when I get my (new) gravity I’ll be visiting service centers regularly (or mobile service)? One of my main reasons for going electric was to reduce service time (mainly cost).