Well, it has been almost three months since they announced that 30,000 number. Presumably, they have some more now? Plus the Saudi orders.The rapid growth and expansion efforts to me don't line up with the reservation numbers. Either Lucid is betting on a "build it and they will come" model or they know something internally that isn't released to the public yet. This plant is massive when the company only has 30,000 reservations......
I’m sure they had a boatload of reservations before the price increase went into effect. Fewer since them. Many of those may not be real. If I was on the fence, I would have made two. One for a Toruing and one for a Pure to lock in the lower price. Then cancel one or the other before confirmation. I’m sure there are others who have done something similar.Well, it has been almost three months since they announced that 30,000 number. Presumably, they have some more now? Plus the Saudi orders.
I'm also assuming some of this capacity is for Gravity, and then whatever comes after that.
Personally, I think it's smart to plan ahead. Shows confidence.