This is my (admittedly elementary) understanding as well. The only reason I dumped 20 percent of my portfolio into LCID is because I can afford to lose all of that money (for obvious reasons). Never invest money you can't afford to lose (regarding risky stocks and also generally)!
I’m expecting 50% per year going forwards- from the bottom which was $2.33
You have no idea how happy I was that my two worlds were colliding together. I was grinning like an idiot when I saw that slide and heard Peter talking about racing!
I hope they can implement Sentry as well. I’m OK with increased power drain for monitoring the vehicle when at Costco or dinner!
I don’t have any official info or anything, but I can tell you that there have been various (unintentional) hints in past releases and in the API that it may be coming at some point. Of course, Lucid has not said that.
I don't watch motor sports regularly but I got his point. The problem with the market is, the market markers are not interested in advancement, they want profit today. This is why the Chinese are leading the EV and electrification push. I have a sibling who lived in China and I've been there. The difference in the last decade in air quality is remarkable. As we in the west continue to discuss next quarters profits they are building the base for the next century of profits. The technology of lucid, the efficiency focus, and delivering on their promise gives me confidence in Lucid. I don't have confidence in the market's ability to recognize the value of Lucid.
LewisYou have no idea how happy I was that my two worlds were colliding together. I was grinning like an idiot when I saw that slide and heard Peter talking about racing!
BTW, who do you want to win? Lando had a great start, as shown on the slide, but Oscar was far too aggressive in the Turn 4-5 complex.
I was holding back on saying this but I've been thinking it too. The owners who own an Air thus far are an intelligent bunch. Look at the discussion you are all having over a 100+ slide deck.
You have no idea how happy I was that my two worlds were colliding together. I was grinning like an idiot when I saw that slide and heard Peter talking about racing!
BTW, who do you want to win? Lando had a great start, as shown on the slide, but Oscar was far too aggressive in the Turn 4-5 complex.
Products speak. While yes, many don’t care about the details, most are glad to know an engineer operating in founder mode is at the helm. A “professional CEO” would be less of a draw, for sure, because then they would be just another car company.
The presentation did show normalized costs compared to the competition, which essentially means what it would cost to make a car with Lucid's components vs those of another manufacturer at a given volume. Lucid should be able to do quite well, but it also assumes that Lucid can hit certain sales volumes. When Tesla came out with the Model S, it was a hot seller for vehicles in its class, because it was the only EV in its class. Expensive sedans are not a high volume segment, lots of people still never heard of Lucid, and it's not realistic for any car company to expect to sell cars in that price range in high volume. The Model S sells at a fraction of the volume that it did in 2017, which was the last year before there were cheaper EV alternatives one tier lower. Now that there are EVs in segments across the board, Lucid can't expect high volume sales until the Gravity is out, and very high volume until what follows comes out.
I think it was with rear wheel steering
It will not.
