Big Push To End Quarter

[Pacernow]

All,
At the end of Tesla's quarters there is a big push to sell inventory and deliver vehicles on order. Tesla will increase incentives, lower prices or decrease interest rates on financing. Tesla and Lucid has the same financial year. Does Lucid have a big push to move inventory at the end of quarters. Thanks in advance.

 

[NoseyReporter]

All,
At the end of Tesla's quarters there is a big push to sell inventory and deliver vehicles on order. Tesla will increase incentives, lower prices or decrease interest rates on financing. Tesla and Lucid has the same financial year. Does Lucid have a big push to move inventory at the end of quarters. Thanks in advance.

Well they've had a big push to get all non current year inventory sold. It has been met with very high interest. You might get a better deal at the end of the year, especially if they are pushing to meet their target, however I suspect your selection will be relatively poor. It your willing take whatever is available, you MIGHT be able to get a better deal at the EOY.

 

[Pacernow]

Nosey,
Thank you for your response.

 

[rome138]

Do we expect October to even better incentives or going to get worse ?

 

[P Daody]

If you keep waiting for 2024 deals to get better, your selection will be very small to choose from.

 

[fisheral]

Do we expect October to even better incentives or going to get worse ?

September incentives for 2024s are actually worse than August.