Gravity Delivery Discussion

[johnse]

I agree that they should have gotten this done earlier. According to other reading, the manufacturer typically labels the car as meeting either Federal requirements, or the requirements of all 50 states. I would assume Lucid wants to use the latter (as it's required for CA and the other CARB states), but they may be in hot water if they sold cars labeled thus prior to having the CA Executive Order allowing them to be sold in CA.

Just trying to make some sense of the delays.

 

[Ron_Burgundy]

This isn’t Lucid’s first car. I don’t buy the CARB excuse. It could be one issue, but I really think they’re not making the cars at any real scale. The limited flyovers we’ve soon prove that. There aren’t 100 GGTs sitting in the lot even though they’ve supposedly been “in production” for months.

Next earnings call is the only time when Lucid needs to be accountable and will provide more info (my expectation).

 

[borski]

This isn’t Lucid’s first car. I don’t buy the CARB excuse. It could be one issue, but I really think they’re not making the cars at any real scale. The limited flyovers we’ve soon prove that. There aren’t 100 GGTs sitting in the lot even though they’ve supposedly been “in production” for months.

Next earnings call is the only time when Lucid needs to be accountable and will provide more info (my expectation).

The last flyover by @Adnillien saw very many gravities in the lot. I didn’t count, but it was not just a couple.

 

[Adnillien]

The last flyover by @Adnillien saw very many gravities in the lot. I didn’t count, but it was not just a couple.

It was easily over a hundred.

 

[Ron_Burgundy]

It was easily over a hundred.

Fair, but that’s still not scaled production. Let’s say it was 200, just to be nice. That many over five months is 10 per week, give or take. And 2 delivered.

They’ve already effectively missed legit deliveries in Q2 as they’ve got 39 days left, so my hope is the dam breaks in Q3. But I still believe legit ramping and deliveries won’t occur until early 2026.

 

[Adnillien]

Fair, but that’s still not scaled production. Let’s say it was 200, just to be nice. That many over five months is 10 per week, give or take. And 2 delivered.

They’ve already effectively missed legit deliveries in Q2 as they’ve got 39 days left, so my hope is the dam breaks in Q3. But I still believe legit ramping and deliveries won’t occur until early 2026.

True but we also do not know how many have been shipped to KSA or to service centers.

 

[BS8899]

True but we also do not know how many have been shipped to KSA or to service centers.

I presume US is still the largest market for Lucid Air and Gravity. Yes, Lucid is primarily owned by KSA investments. Shouldn't Lucid USA be more forthcoming in its communicationand expectation setting? Disappointment = Excetectaions-Not-Met. It is incumbent on Lucid to set, communicate, and meet expectations. Such is true for any successful public enterprise.

 

[Ron_Burgundy]

I presume US is still the largest market for Lucid Air and Gravity. Yes, Lucid is primarily owned by KSA investments. Shouldn't Lucid USA be more forthcoming in its communicationand expectation setting? Disappointment = Excetectaions-Not-Met. It is incumbent on Lucid to set, communicate, and meet expectations. Such is true for any successful public enterprise.

Lucid doesn’t have to do anything with respect to communication. It’s poor but that’s typical for EV-only manufacturers and, up until now, hasn’t impacted sales when they eventually produce cars. There’s really no benefit to them letting us know it will be 3-6 months from now versus letting us believe it could be any day.

As for KSA - I don’t think they’re shipping a huge amount of cars there.

Ultimately, the issue is they can’t produce the Gravity reliably at scale in a way they’re comfortable with. So we wait.

 

[BS8899]

Lucid doesn’t have to do anything with respect to communication. It’s poor but that’s typical for EV-only manufacturers and, up until now, hasn’t impacted sales when they eventually produce cars. There’s really no benefit to them letting us know it will be 3-6 months from now versus letting us believe it could be any day.

As for KSA - I don’t think they’re shipping a huge amount of cars there.

Ultimately, the issue is they can’t produce the Gravity reliably at scale in a way they’re comfortable with. So we wait.

Well, whether Lucid is compelled by law to inform the commuunity about its product ramps is not the salient question. The lack-of communication will leave ample room for speculation, witness the LCID stock performance this week!

By most accounts, Gavity is a great technical product. But, at a 6-figure plus price point (current trims) and limited production, it is not a finacial contributor to LCID in fiscal 2025. Even 2026 (financial) is questionable.

Quite the opposite, the euphoria for Gravity will likley stall/retard Air's sale. The slow ramp of Gavity will evoke the "Osborne Effect". The recent indicators of inability to configure Air orders and buyers have to pick from existing inventory and slow roll out of Gravity are not good signs. the lack of company guidance leaves the market to speculate. Hence LCID = $2.23!

 

[Adnillien]

As for KSA - I don’t think they’re shipping a huge amount of cars there.

I think that it is very likely that Lucid is building a lot more Gravity for KSA than for North America due to supply constraints for the North American version.

 

[BS8899]

I think that it is very likely that Lucid is building a lot more Gravity for KSA than for North America due to supply constraints for the North American version.

Refresh our memories....what are the major differences between the NA and KSA versions of Gravity? The fast charging port? what else? I am surprised that there are such severe limiters for the NA version.

 

[Tâm]

Refresh our memories....what are the major differences between the NA and KSA versions of Gravity? The fast charging port? what else? I am surprised that there are such severe limiters for the NA version.

HUD

 

[Ron_Burgundy]

Well, whether Lucid is compelled by law to inform the commuunity about its product ramps is not the salient question. The lack-of communication will leave ample room for speculation, witness the LCID stock performance this week!

By most accounts, Gavity is a great technical product. But, at a 6-figure plus price point (current trims) and limited production, it is not a finacial contributor to LCID in fiscal 2025. Even 2026 (financial) is questionable.

Quite the opposite, the euphoria for Gravity will likley stall/retard Air's sale. The slow ramp of Gavity will evoke the "Osborne Effect". The recent indicators of inability to configure Air orders and buyers have to pick from existing inventory and slow roll out of Gravity are not good signs. the lack of company guidance leaves the market to speculate. Hence LCID = $2.23!

This is not relevant. With KSA having such massive ownership, Lucid’s stock price doesn’t matter to anyone except folks who are speculating on their stock. As you mentioned, Gravity won’t be a money maker, it’s a bridge to Earth and whatever else they make. They’re years and years away from talking about profit.

 

[BS8899]

HUD

Frankly I am surprised by Lucid's struggle with HUD. First, HUD is not a new tecnology. I had it on my 2017 Lexus. It is niffty. I liked it, but I think its utility is over-stated. Today, many cars offer HUD (https://www.cars.com/articles/which-cars-have-head-up-displays-434824/). Therea re multiple suppliers of HUD modules. Perhaps Lucid had a late discovery with oroblems with their supplier and could not switch to another supplier. Eveb if that's the case, I am surprised that Lucid could not ship Gravity without HUD and have HUD installed later at no cost to the early Gravity owners. Delaying Gravity ramp because of HUD seems like a very poor supply chain managment and qualification fiasco!

 

[Ron_Burgundy]

Frankly I am surprised by Lucid's struggle with HUD. First, HUD is not a new tecnology. I had it on my 2017 Lexus. It is niffty. I liked it, but I think its utility is over-stated. Today, many cars offer HUD (https://www.cars.com/articles/which-cars-have-head-up-displays-434824/). Therea re multiple suppliers of HUD modules. Perhaps Lucid had a late discovery with oroblems with their supplier and could not switch to another supplier. Eveb if that's the case, I am surprised that Lucid could not ship Gravity without HUD and have HUD installed later at no cost to the early Gravity owners. Delaying Gravity ramp because of HUD seems like a very poor supply chain managment and qualification fiasco!

Agreed. I think their excuse is what they’re trying to do with HUD and AR has not been done before. Basic HUD is simple. Had it in a Pontiac back in the late 90s to see my speed.

 

[BS8899]

This is not relevant. With KSA having such massive ownership, Lucid’s stock price doesn’t matter to anyone except folks who are speculating on their stock. As you mentioned, Gravity won’t be a money maker, it’s a bridge to Earth and whatever else they make. They’re years and years away from talking about profit

Don't disagree with what you stated. But aren't there SEC rules about disclosures on stocks listed on US excahnges?

 

[BS8899]

Agreed. I think their excuse is what they’re trying to do with HUD and AR has not been done before. Basic HUD is simple. Had it in a Pontiac back in the late 90s to see my speed.

Even so, unless the current HUD module requies major hardware redesign (i.e., not fixable with FW/OTAs), they should still be able to ship Gravity while working out the HUD/AR integration. If it requires a major redesign of the HUD HW, it is a catastrophy to discover at this late stage of the product ramp. Clearly, I am missing something!

 

[Tâm]

Frankly I am surprised by Lucid's struggle with HUD. First, HUD is not a new tecnology. I had it on my 2017 Lexus. It is niffty. I liked it, but I think its utility is over-stated. Today, many cars offer HUD (https://www.cars.com/articles/which-cars-have-head-up-displays-434824/). Therea re multiple suppliers of HUD modules. Perhaps Lucid had a late discovery with oroblems with their supplier and could not switch to another supplier. Eveb if that's the case, I am surprised that Lucid could not ship Gravity without HUD and have HUD installed later at no cost to the early Gravity owners. Delaying Gravity ramp because of HUD seems like a very poor supply chain managment and qualification fiasco!

It mentioned HUD supply chain issues and not about the technology.

Its solution is to get that limited supply to the highest priced trim, Dream version.

KSA has another advantage of using CCS2 1000V DC that doesn't need a lower voltage step up from USA CCS1 400V Tesla Supercharger to 1000V.

 

[BS8899]

It mentioned HUD supply chain issues and not about the technology.

Its solution is to get that limited supply to the highest priced trim, Dream version.

KSA has another advantage of using CCS2 1000V DC that doesn't need a lower voltage step up from USA CCS1 400V Tesla Supercharger to 1000V.

It is good if it is "only a supply chain issue and not the technology". If true, this is negligence onLucid's part. Supply chain management and aduits are Lucid's responsibilities. Unless there was a n unforseen natural disaster (e.g., an earthquake that wiped out the HUD factory), such last minute ddelays that limit production ramp is on Lucid!

 

[Kzooguy]

Just got a call from my SA. I have been assigned a VIN. He claims that the next major update is on June 9th (in relation to my order and production status). He *Thinks* we should have delivery by end of June but also went on to say that could get into first week of July, depending on shipping and inspection at West Palm Beach, FL upon arrival prior to delivery. He said that I need to decide ASAP whether I want to lease/finance/pay cash because Lucid will not complete production until the applicant is approved. We agreed to wait till Tuesday because he said there *might* be a new announcement for lease terms on June 1st, but being a Sunday might be June 2nd. I have a DE Black/20" wheels/Tahoe interior ordered on March 7th. I am a previous Air DE owner FWIW.