Lu
Lucid is down 54%+ and that is based on them delivering 12,000 - 14,000 cars this year. As of May I think they delivered 1117 so what are the odds they will actually deliver what they promised? The new prices are not going to help them but it did push a lot of people to confirm orders before the end of the 2nd Quarter to put those orders on the books as orders and not reservations..
All EV stocks are down! What does that have to do with vehicle price? When the stock is at an all-time high they don't cut prices. Price is based on supply and demand, price of goods to manufacture. Everyone always wants to compare to Tesla, you can't, Tesla has a 10-year advantage over everyone. Besides Telsa and Lucid are completely different in how they see the world. Tesla is minimalist, power first, do things as fast as you can at scale, faster simple scale. That's the Tesla way.
Lucid is style, luxury, and range first. Compare the cars by features and price if you want to compare. The MS Plaid vs AGT Let's talk about range then because that is the most significant price factor. MSP is 396 vs AGT 516! That's over 100 miles more range, what do you think the price of a MSP would be with a 516 mile range?
Tesla charges $11k more for 67 miles of range on the M3, you need almost double that to get to 516 mile of range. Then you are around $155k for MSP. That doesn't come with cooled seats, upgraded wheels, FSD, sound system, multiple screens, on and on. You do get better software no argument there!
Let's compare apples to Apples and what you get, forget stock price. What do you value? What do you want to spend your money on?
I am not slamming anyone, it's your money. Just think about a fair comparison MSP vs AT would be better.