We've gone over this many times here on the forum. The decision to go sedan first was not Peter's. He was coerced into that as part of the terms for his becoming CEO of the company.
Disagree, imagine coming out with that software ( UX 1.0) and supply chain issues with your volume seller SUV?
You will need to average down eventually after the bulk of the dilution gets done, which won't be over until the Mid-Size is on its way towards 50K units....need to see 2 things really, cash flow burn trough, and gross margins start to stabilize. Right now they are growing faster, but this loses more money, not to mention the whole leasing and residual thing on the books...
No that method is too simplistic since it does not account other assets, sales or future earnings.
You forget....any company that is fully backed by Saudi, a very rich country with almost a trillion dollars to play with, gets a huge premium. Its not like Rivian or Polestar that has to go back to creditors and banks for more money. There is zero chance of bankruptcy...Tesla has a higher chance of bankruptcy...
They just disounted by 20k, imagine being one of those CT buyers who bought prior.....glad I'm never buying one....rather eat worms than be seen in one of those dumpsters...your opnion is the majority
Lucid has dropped pricing significantly since 2022. Let’s just be realistic here. Almost every brand has lowered EV prices to try and create some demand on HiGH end models. Just the way the market is.
I think the difference is that CT released less than 1 year ago and Air has been out since late 2021. And all the hoopla of 1 million reservations. EV discounting was happening before Nov 2023.
Correct…. Was said all along cybertruck prices would drop as production picked up.
It was not a price cut or a discount on the CT.
Lucid hasn't really dropped pricing that much. If I go online and configure the exact same GT specs I got, it's only $7k cheaper than when I bought it in '22. I wouldn't necessarily consider that a significant price drop honestly.
Now factor in the $7500 tax credit some of us got when we bought the car, and has the price really changed at all?
Depends on when people reserved/ordered. There was a price increase earlier on as well, so at one time it was higher, but it was also $136 when I ordered in ‘22 with many upgrades being standard at that time. Thats why I compared apples to apples on the online configurator. $110 is base. When you add the upgrades that I got as “included” the price difference is fairly minimal.
I bought a new AGT in April 2022. the price was $139,500(which came with every option). Price was reduced with my $7,500 tax credit which was allowed for that time period. So total price was $132,000 for a brand new AGT with every option. The 155K you quote came later.
