I favor @Adnillien 's numbers. Assuming a linear production ramp beginning in March, 8K Gravities built this year means that in December Lucid would be producing Gravities at a run rate of about 24K units per year - twice the current build rate of Airs.
They already produced, what are you talking about? Only reason Tesla nearly got bankrupted is because they didn’t have funds…Lucid has an oil rich country behind. Remember 420 tweet from Musk? He wanted Saudi money.
I favor @Adnillien 's numbers. Assuming a linear production ramp beginning in March, 8K Gravities built this year means that in December Lucid would be producing Gravities at a run rate of about 24K units per year - twice the current build rate of Airs.
I do not believe Lucid is going to be bankrupt any time soon until 2030
First lucid has confirmed order from Saudi government of 100 or 150k thousands cars
So whatever the manufacture could be directed towards that
Lucid police cars started to become more and more popular which means that the government can not bankrupt lucid and leave their cars bricked
Not to mention Saudi is putting lucid in the flashlight in every single event including leap (biggest Tech event in Middle East ) and recently Saudi Cup where they released 1 of 1 lucid
Lastly from my experience, any company gets supported by a government is most likely going to be successful
Many examples to mention like
BYD and its Chinese siblings
ARAMCO
Huawei and so on
Lastly I am shocked for Peter Rawlinson has left but it is not end of the world and I believe this is great news since he was taking extremely high pay package
It does not make sense he got 380 millions pay check and the company is losing 1 billion … well almost half of it is coming from his pay check
Earning call is today. Hopefully, we will find out more.
NASDQ is in free fall this morning. TSLA is heading to $300, perhaps below. All EV stocks are falling because of the current administrations' policies.
Irrespective of its competitors, Lucid needs to be more forthcoming in actual status and numbers. It is counter-productive to have its follower speculate and debate. As I said before, Lucid needs to be run like a business!