LCID Q3 Earnings

[Lucken]

Yes, the Civic is a nice car and the review was understandably upbeat. The Civic would win hands down over the Lucid if the assessment was based only on pure dollar value.

With that said I still believe it would be a major embarrassment for the Civic to beat out the Lucid. However as I said before, I really don't put much stock in these 'car of the year' awards anymore than I do the endless dribble at the Hollywood awards shows.

 

[hmp10]

. . . I really don't put much stock in these 'car of the year' awards anymore than I do the endless dribble at the Hollywood awards shows.

I certainly get that. I've of two minds. On one hand, I agree with your view. On the other, it was the Motor Trend Car of the Year award in 2013 that shot Tesla from semi-obscurity to headline news at a time when most of the market was still betting on Fisker to be the EV success story.

For all of our obsessions with Lucid on these forums, I think we forget how few people still know anything of the brand. I've had "car guys" from radar installers to ceramic coaters to car dealers to acquaintances who own EVs draw a complete blank when I mention Lucid.

 

[Lucken]

I certainly get that. I've of two minds. On one hand, I agree with your view. On the other, it was the Motor Trend Car of the Year award in 2013 that shot Tesla from semi-obscurity to headline news at a time when most of the market was still betting on Fisker to be the EV success story.

Yes, you are correct and I totally forgot that. So there is that.

 

[Sandvinsd]

Reservations have topped 17,000. Here is the press release for Q3.

Lucid Announces Third Quarter 2021 Financial Results and Lucid Air Wins 2022 MotorTrend Car of the Year | Lucid Group, Inc.

- Lucid Air today won the 2022 MotorTrend Car of the Year - Customer reservations rose to 13,000 in Q3, reflecting an order book of approximately $1.3B, and have since increased beyond 17,000 - Customer vehicle production started in Q3 at Lucid's Advanced Manufacturing Plant ("AMP-1") in Casa

ir.lucidmotors.com

 

[Sandvinsd]

Wow. Stock really popped today. Up about 20%.

 

[dawktah LucidGT]

Wow. Stock really popped today. Up about 20%.

I'll say!

 

[AIR.LUCID]

My Q3 earnings question:
Will future Grand Touring orders further delay the production of the Touring and Pure variants?