Lucid Misses Guidance

[Batteryman]

I just bought a used 2023 Lucid Air Pure. It drives better than the S, Y and 3 and many other EVs that I have test-driven. I like it so much that I made a small investment in its stock. As more people give it a try, I think they will discover how good Lucid Air is compared to other EVs.

They need more advertising, many still haven’t heard of the company.

 

[LuanDo]

They need more advertising, many still haven’t heard of the company.

I thought that, too. But advertising is expensive. High prices probably affecting sale. It's time for EV makers to think of making more affordable cars.

 

[Ktw13]

If you believe in the technology (the car); I don't see why you will be worried about owning a piece of it. Now if you don't believe in the technology; I will suggest you stay away. I truly believe; Lucid will succeed as a company, but there is always risk in investment so it's up to you in the end to judge how much risk you're willing to take.

I agree with your suggestion, for those who doesn’t believe in the tech it will be or has been a ride too painful to take.
I have been buying the stock since 2021.

 

[Ktw13]

Quick question for you guys who own Lucids and own Lucid stock. Do you feel over committed to Lucid? I mean, if Lucid fails as a company, you are going to have an "orphan" car, plus a big monetary loss on the stock. I love my AGT, and have thought about taking a flyer on the stock, but it seems like I would have too much invested in Lucid. Thoughts?

While I can not offer suggestion on stock, if Lucid fails as a company under current management, the company most likely will be bought up by others and continue to operate. The tech and car they have is just too valuable to vaporize.