Lucid new CEO: Silvio Napoli

... sounds like people lost money and are just mad and are now purposefully trying to kill the company. You made a bad bet, either hold your stock or sell them and move on.

It seems to me that class actions like this typically don't get filed on a company unless the plaintiffs are confident that it has the financial wherewithall to survive any such onslaught.
 
It seems to me that class actions like this typically don't get filed on companies unless the plaintiffs are confident that the defending company has the financial wherewithall to survive any such onslaught.
Insurance companies bear the brunt. Each class member receives $12.87 and the law firm gets $30 million.
 
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You should take a stab at my partner's name. Hint: first name is Andrzej. And that's the easy one. 🥴
Polish people sure do love their consonants
 
Idk it just looked he he didn’t want to be there. Maybe he didn’t.
Or maybe he did

Almost like perhaps we shouldn’t read into “what he wore” at an interview

He wasn’t at the Oscars
 
I just read several law firms are starting a fraud investigation on behalf of shareholders.

I think these guys are done.
You love donating to the ASPCA huh
 
It seems to me that class actions like this typically don't get filed on a company unless the plaintiffs are confident that it has the financial wherewithall to survive any such onslaught.
Moreover, this is a “hey, hey, anyone interested or feel wronged?” Not a “we’ve got a case, and a class”

They are seeking a class with which to sue.

Lawyers do this because it’s Tuesday and they’re seeking a case, not because they have a slam dunk case
 
Welcome to 7’s
And we are still hiding Cosmos just to make sure shorts don't loose their money 😜 or Lucid know its not gonna help the stock.
Cosmos may only exist in another galaxy, but Gravity surely brings things down to Earth through thin Air 🙂

🧦🧦🧦🧦🧦🧦
 
Moreover, this is a “hey, hey, anyone interested or feel wronged?” Not a “we’ve got a case, and a class”

They are seeking a class with which to sue.

Lawyers do this because it’s Tuesday and they’re seeking a case, not because they have a slam dunk case
It’s Thursday.

Checkmate.
 
Maybe I’m old fashioned but if you’re brought on Bloomberg for your introduction to the business world, as the CEO chosen to the save the company, you should be dressed at least as good as your host.

I just had to rewatch the interview to be certain: he’s wearing the exact same outfit as the host. This is the weirdest line of criticism from this entire thread. Is it that the Bloomberg guy has a spread collar and Silvio has a point collar?

Critiquing the choice of a CEO from an unrelated industry: totally makes sense. Looking at two guys wearing suits with no ties and saying they have mismatched levels of style: very strange.
 

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I just had to rewatch the interview to be certain: he’s wearing the exact same outfit as the host. This is the weirdest line of criticism from this entire thread. Is it that the Bloomberg guy has a spread collar and Silvio has a point collar?

Critiquing the choice of a CEO from an unrelated industry: totally makes sense. Looking at two guys wearing suits with no ties and saying they have mismatched levels of style: very strange.
I just thought the fit was off 🤷

I was definitely being petty but I can’t change it now
 
Because its hardware and code doesn’t fix shitty hardware. You can mask it which is what I think we’re seeing but mark my words, this is not a software problem.

My background is IT infrastructure working with software developers and we love to play this game of “Your software is buggy, it’s not the hardware” and we get “Your hardware is set up wrong, it’s not the software”. Being on team hardware I’ll always blame the software team first because 9 times out of 10 they’re just sloppy, but even I would concede on this key fob issue that it’s definitely hardware. It pains me to say those words…… 😂

Happy to be proven wrong so I can blame Team Software again though 😛
Yeah, I don't disagree with hardware quite possibly being the core of the problem. It seems clear that other hardware modules have been undergoing revisions since last June when they started shipping cars to customers. It's one of the reasons I decided to wait for the 2027 Gravities, as I'd really like to skip some of the woes that I'm seeing reported here. It sure would be nice if Lucid was more transparent about where they are in the troubleshooting. But I can understand why they might be reluctant to effectively say "don't buy a Gravity until we figure out new hardware for the key".
 
Maybe it's evidence that he really is an engineer at heart. 🤣
So true, if someone claims they're an engineer but they're dressed too neat, you damn bet I get suspicious!
Well-kept tailoring, no eyebags, no chronic caffeine overconsumption, no sign of burnout and an intact sanity? Impossible!
 
So true, if someone claims they're an engineer but they're dressed too neat, you damn bet I get suspicious!
Well-kept tailoring, no eyebags, no chronic caffeine overconsumption, no sign of burnout and an intact sanity? Impossible!
Maybe it's evidence that he really is an engineer at heart. 🤣
dammit i I could delete all that shit I said

he got an okay pay deal tho:


"incoming chief executive Silvio Napoli will receive a $1.5 million annual base salary, a target bonus of 200% of salary, a $9.5 million equity grant, and up to one million performance-based stock options tied to market capitalisation hurdles ranging from $5 billion to $17.5 billion.

Napoli will also receive a $1,000,000 lump sum for relocation to the United States and up to $25,000 per month for six months in temporary housing, among other perks detailed in the filing."

I guess Timotheeeeee Chalamet got 10 million so this is fair

 
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