$8 BILLION cash grab

[limtless]

No one is talking about this here?

How can you not address a GIANT RED flag.

 

[HC_79]

Check the investors thread

 

[Drendino]

Only on the internet is a planned registration of new shares, which may be offered over the next 3 years a “GIANT RED Flag”. Would you prefer that the expansion be paid for in debt?

 

[limtless]

Only on the internet is a planned registration of new shares, which may be offered over the next 3 years a “GIANT RED Flag”. Would you prefer that the expansion be paid for in debt?

It's bad, very bad. They could be making cars at the rate they originally said, 24k. Now they cut it in half and half again then they announce a new Sapphire model when they can't even make the models they already promised. How was the expansion not planned for already, oh wait it was with money from cars they thought they would/could produce. You honestly think they aren't burning cash at an alarming rate? Look at the figures.

If you don't think it's a red flag, great...cuz no one cares what you and I think anyway. The market is going to decide based on quarterly earnings. Lucid has not done anything to show they are capable of making cars at a viable rate. It's sad, I really like the marketing, but hype doesn't pay the bills.

 

[Tesla2.0]

$19 Billion Raised And $9 Billion Of Negative Cash Flow for Tesla​

$; mm	’10	’11	’12	2013	2014	2015	2016	2017	’10-’18
Capital Raised
common stock	269	231	221	360	0	730	1.701	400	3,914
debt	0	72	204	666	2,300	319	2,853	7,138	13,552
stock options	1	11	25	95	100	107	164	259	762
warrants				120	389			53	562
TOTAL	270	314	451	1,242	2,790	1,156	4,719	7,850	18,790
Cash Flow
operating loss	-147	-251	-394	-61	-187	-717	-667	-1,632	-4,057
deprec.	11	17	29	106	232	423	947	1,636	3,400
capital exp.	40	198	239	262	970	1,635	1,280	3,415	8,042
operating CF	-176	-432	-605	-219	-924	-1,929	-1,001	-3,411	-8,698

 

[Drendino]

It's bad, very bad. They could be making cars at the rate they originally said, 24k. Not they cut it half and half again and they announce a new Sapphire model when they can't even make the models they already have. How was the expansion not planned for already, oh wait it was with money from cars they thought they would/could produce. You honestly think they aren't burning cash at an alarming rate? Look at the figures.

If you don't think it's a red flag, great...cuz no one cares what you and I think anyway. The market is going to decide based on quarterly earnings. Lucid has not done anything to show they are capable of making cars at a viable rate. It's sad, I really like the marketing, but hype doesn't pay the bills.

So, if they made 12,000 cars instead of the revised 6,000 cars they wouldn’t have needed to do this? 150,000 x 6,0000 = 900,000. Of course profit margins are tight, so the 900k would not equal 900k in more cash flow. To think that a company like this is just freewheeling it, is overly simplistic. There is a detailed road map that management didn’t share with the Wall Street Bets crowd, looking for a . This is a company setting up for a marathon, not a sprint.

 

[Tesla2.0]

Weird, I was replying the thread, ended up I’m a thread creator?

 

[Drendino]

That is weird!

 

[n8236]

A lot of people are saying there‘a nothing to see here because Tesla and is excepted but those market conditions then were quite different, COVID wasn’t as impactful, and competition was nowhere to be seen.

 

[Ksa23]

No one is talking about this here?

How can you not address a GIANT RED flag.

Oh my god...

Standard operating procedure going on in the world of capitalism, everyone panic!

 

[ac.bill]

It's bad, very bad. They could be making cars at the rate they originally said, 24k. Now they cut it in half and half again then they announce a new Sapphire model when they can't even make the models they already promised. How was the expansion not planned for already, oh wait it was with money from cars they thought they would/could produce. You honestly think they aren't burning cash at an alarming rate? Look at the figures.

If you don't think it's a red flag, great...cuz no one cares what you and I think anyway. The market is going to decide based on quarterly earnings. Lucid has not done anything to show they are capable of making cars at a viable rate. It's sad, I really like the marketing, but hype doesn't pay the bills.

Lucid announced a year ago that they expected to raise cash in mid-'23. Factories don't build themselves. If you are an investor the only thing you have to worry about is why you didn't do due diligence, because this is exactly how startups grow.

 

[Sapphire™]

No one is talking about this here?

How can you not address a GIANT RED flag.