Looking good. Massive call activity. Perhaps upcoming earnings will surprise. Ridiculous intraday gains.
In Q2 they sold more cars than they produced which is good for cash flow by reducing inventory.My two cents worth, which may very well be worth just about that... The volume is great news. As for earnings, remember the very aggressive pricing that has been going on for quite some time now.
Absolutely. I was talking about earnings.In Q2 they sold more cars than they produced which is good for cash flow by reducing inventory.
I agree. Earnings will probably be up overall because of the increase in units sold. But decrease per unit.Absolutely. I was talking about earnings.
I agree. Earnings will probably be up overall because of the increase in units sold. But decrease per unit.
Honestly, I think that Lucid made a mistake with initial pricing of the Air. I am one of the chumps who paid full price for an Air GT in 2022.
I blame the ex CFO Sherry House for this blunder in pricing. Just speculation but I think that’s why she parted ways with Lucid. Her pro forma probably had a large influence on setting initial pricing for the Air range.
Agree. Its amazing low mile 2022 GT are selling 70K. What car competes used for 70 K….I agree. Earnings will probably be up overall because of the increase in units sold. But decrease per unit.
Honestly, I think that Lucid made a mistake with initial pricing of the Air. I am one of the chumps who paid full price for an Air GT in 2022.
I blame the ex CFO Sherry House for this blunder in pricing. Just speculation but I think that’s why she parted ways with Lucid. Her pro forma probably had a large influence on setting initial pricing for the Air range.
Hard to tell. If Sherry House stayed at a startup like Lucid her upside from options may have been a better compensation package in the long term than being at Ford. But its all speculation.I wouldn't be inclined to assess too much influence by the CFO on the pricing strategy at launch. As for her leaving... a move from Lucid to Ford is a pretty significant move up.
Hard to tell. If Sherry House stayed at a startup like Lucid her upside from options may have been a better compensation package in the long term than being at Ford. But its all speculation.
Perhaps. But just speculation on my part. I think that she was asked to leave by Peter and the PIF. I have no evidence. Just my suspicion. She did not immediately announce her employment at Ford. She was floating around for a while. My view is that Lucid is much better without her.But there are other considerations. The breadth and complexity of Ford vs. Lucid would be a significant draw from a career development standpoint. While I don't know her total compensation package, I'll wager that it took in mind what she was leaving, and bear in mind that F stock has plenty of room to run. It is currently trading at less than a third of its enterprise value, and that value discounts Ford's EV plans. Also, she is from Michigan, which had to be a draw.
Maybe, but I have never heard of (or gleaned) any good reason for them to be dissatisfied with her performance. I know you think she was responsible for the launch pricing strategy (which BTW I would not necessarily agree was a mistake) but I think you are overestimating the role of a start-up CFO. From a timing standpoint, bear in mind that securing a job like CFO of Ford does not happen overnight, so my guess is that this was in the works before she left.Perhaps. But just speculation on my part. I think that she was asked to leave by Peter and the PIF. I have no evidence. Just my suspicion. She did not immediately announce her employment at Ford. She was floating around for a while. My view is that Lucid is much better without her.
GREEN……..all EV stocks on a run over last month. Good 4 the industry RIVN LCID TSLA
Still up 56% over the past 3 months.Looking for a test of some of the moving avgs as support. Healthy.
I know you think she [Sherry House] was responsible for the launch pricing strategy (which BTW I would not necessarily agree was a mistake) but I think you are overestimating the role of a start-up CFO.