Maybe outside the US but I do think the Air probably only has about a 10K to 12K annual delivery in the US at least. Sedans simply don't sell well in the US and outside the US the Air is a very pricey vehicle.
Doubling from 5k to 10k is not the same path to 20k….especially 1st quarter is almost 2/3rds gone and no sign of gravity anywhere for even a test drive. Let’s revisit this topic end of 2nd quarter with the sales numbers.
Let’s please stay away from wild speculation like that.
Agreed, Lucid is Rawlinson's baby and is quite literally the culmination of all his work. There’s no way he would voluntarily relinquish that, but who knows at this point.
I'd disagree. He's not young, and is leaving at a high point. A rare and rewarding way to finish a storied career.
In the Savagegeese interview, he seemed to acknowledge he was stretched very thin doing way too many things....
Yes but in Germany and Europe the prices are quite high relative to competition (think BMW and MB local prices with no import costs as opposed to the Pure costing 93K over there).
Add in conflicts with Board members on operations (i.e. when to release Gravity vs. continue fixing issues), I can see walking away and saying "have at it".
aren't most of the volume (85+%) related to leases?
Probably the right move for Lucid. Doesn't look good for Rawlinson. A necessary move nevertheless!
Lucid Airs have been on the road for a few years and they launched initially in their largest market. The initial bolus of early adopters are likely gone, so next you have incremental buyers which to me doesn't seem like a logical market to nearly double sales...unless the Gravity takes off and/or they cut prices on the Air to help stimulate demand. Could also be factoring in a bunch of leases expiring and consumers rolling into another Lucid Air lease. This is all speculation, so take it with a grain of salt but solid state batteries are coming and that will level the playing field on range, probably behooves them to get in front of that
No question he was forced out. "Advisor to the Chairman of the Board" is telegraphing to the community that a change was required and has been enacted.
The biggest alarm bell for me was when he said they may decide to bring the ADAS development in house. My reaction was HELL NO! We think we've got ADAS issues now, our cars will be slamming into side rails if Lucid decides to bring it in house. They're nowhere near staffed or advanced enough in software development to take this on.
