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Q1 deliveries much worse than expected

BS8899 said:
For a part that affects safety and recall, one would have thought that the integrator (Lucid) would have established quantification process, incoming quality control, and change-control requirements with its suppliers. If the supplier knowingly circumvented these checks/processes that led to the problem, the integrator might have a claim. If the integrator did not have established in-coming quality inspection, and change-control processes and ended up building/shipping unsafe products, the integrator still bears a large part of the burden.

My concern is that, in recent time, Lucid, the integrator, have blamed several incidences of defects/delays/missing shipment goals on suppliers. This sounds like a cop-out.

Being in the role of an integrator for a good part of my technical career, I look at the integrator role as the Master Chef vis-a-vis, I own the in integrity of the integrated product going out my door. It is incumbent on me to put the processes in place to spec and assure the ingredients in order to avoid these kinds of problems. Sure, mistakes can happen, but it would have been my fault to let it happen.

As an analogy, if you go to a top French restaurant (e.g., French Laundry) and ordered Coq au vin, but the chicken came out chewy and has a funny taste, does blaming the butcher solved the problem?
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The customer can choose to not go back to the restaurant. However, the restaurant can contact the customers, let them know the butcher provided sub-standard chicken and try to keep the customer.

This was more like botulism in the chicken. They announced it publicly, as required, and will fix those affected. And, yes, the butcher would be sued and significant controls would be put in place to make sure that butcher (Camao) never provided bad product again.

In situations like this, the cost of the recall, replacements, etc. will generally be covered by the supplier. The problem is Lucid will take the hit reputation-wise.

I know, trying to keep the analogy is a long stretch, however Macs can have bad keyboards, cars can have bad parts.

Choose with your pocketbooks - you bought the car, hopefully with sufficient due diligence and with your eyes wide open. Can Lucid do better? Sure. Can we blame them for our choices? No.

And, being a new owner with relatively few problems, I can say with full honesty and commitment - if my car got totalled today, I'd buy another one. Tomorrow. I assure you I would complain, though - I wouldn't be able to buy another DE. This sucker ROCKS!!

Dream Ahead!
 
Leftlane said:
I totally agree that Lucid has tech and engineering worth acquiring, which is what I predict long term. My forecast is that when the PIF tires of supporting Lucid that they will be acquired by a legacy OEM specifically for their advanced engineering, packaging and efficiency. Maybe Apple decides to get back in the car game, or Uber wants to own the vehicle supplier. Obviously no one wanted what Fisker was selling or any of their “innovations”, which Lucid clearly has in spades. It’s the “running a car business” part that they struggle with, which isn’t that unlike Fisker - they were just 100% design dependent and that is too fickle.
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PIF won't stop supporting- they need Lucid to survive to establish an auto industry in their country.....why people don't understand that, I don't understand.
 
socktucker said:
That’s a meaningless award
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The FIFA peace award is meaningless....

Yeah, all these cars are trash....

Recent World Luxury Car Winners:
  • 2025: Volvo EX90
  • 2024: BMW 5 Series / i5
  • 2023: Lucid Air
  • 2022: Mercedes-Benz EQS
  • 2021: Mercedes-Benz S-Class
  • 2020: Porsche Taycan
  • 2019: Audi A7
  • 2018: Audi A8
  • 2017: Mercedes-Benz E-Class
  • 2016: BMW 7 Series
  • 2015: Mercedes-Benz S-Class Coupé
  • 2014: Mercedes-Benz S-Class
 
tmichael said:
The customer can choose to not go back to the restaurant. However, the restaurant can contact the customers, let them know the butcher provided sub-standard chicken and try to keep the customer.

This was more like botulism in the chicken. They announced it publicly, as required, and will fix those affected. And, yes, the butcher would be sued and significant controls would be put in place to make sure that butcher (Camao) never provided bad product again.

In situations like this, the cost of the recall, replacements, etc. will generally be covered by the supplier. The problem is Lucid will take the hit reputation-wise.

I know, trying to keep the analogy is a long stretch, however Macs can have bad keyboards, cars can have bad parts.

Choose with your pocketbooks - you bought the car, hopefully with sufficient due diligence and with your eyes wide open. Can Lucid do better? Sure. Can we blame them for our choices? No.

And, being a new owner with relatively few problems, I can say with full honesty and commitment - if my car got totalled today, I'd buy another one. Tomorrow. I assure you I would complain, though - I wouldn't be able to buy another DE. This sucker ROCKS!!

Dream Ahead!
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I've decided if I change my car, it will ALWAYS be a Lucid. Thats how much I enjoy my Air! Its been almost 4 years and still look forward to driving it. Quite a remarkable piece of engineering. I even sold my Jag F-Type after 4 years after getting bored of it. My Air is a keeper!
 
gaskiller said:
I've decided if I change my car, it will ALWAYS be a Lucid. Thats how much I enjoy my Air! Its been almost 4 years and still look forward to driving it. Quite a remarkable piece of engineering. I even sold my Jag F-Type after 4 years after getting bored of it. My Air is a keeper!
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Until a new car company, Coherent Cars, comes up with an even cooler, tech filled vehicle - then I - and, yes, probably you, Mr. Early Adopter, will reach out for the latest miracle of modern automotive magic. It is up to Lucid to keep ahead of the competition - if they do, you and I will be repeat buyers for life.

Dream Ahead!
 
gaskiller said:
How can tech be valuable and the company that owns the tech worthless.... please xplain Sir
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Mismanagement and debt. For example, is their tech is worth $100 but they have $100 in debt, that is the same as having no value.

Could be a good time to buy, or sell, based on confidence in management.
 
borski said:
They couldn’t have been Fisker because Fisker had no useful or novel technology.

Fundamentally, they are very different.
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Yes and apparently Fisker didn't even have a system to track or allow customers to send them money....and had no big investors, although Lucid probably should get Magna to help them build something....
 
Leftlane said:
I totally agree that Lucid has tech and engineering worth acquiring, which is what I predict long term. My forecast is that when the PIF tires of supporting Lucid that they will be acquired by a legacy OEM specifically for their advanced engineering, packaging and efficiency. Maybe Apple decides to get back in the car game, or Uber wants to own the vehicle supplier. Obviously no one wanted what Fisker was selling or any of their “innovations”, which Lucid clearly has in spades. It’s the “running a car business” part that they struggle with, which isn’t that unlike Fisker - they were just 100% design dependent and that is too fickle.
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I think they will likely get merged into some large industrial conglomerate; it might still be Saudi owned considering they also are supporting other types of auto supply like aluminum.
 
The market is so rigged. oil prices are at an all-time high, and Evie’s stock across the board are dropping rapidly. make it make sense
 
MJAir23TheGoat said:
The market is so rigged. oil prices are at an all-time high, and Evie’s stock across the board are dropping rapidly. make it make sense
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moved federal subsidies from one industry to the other, and a lot of insider trading.

Nothing screwed Lucid worse than losing that tax credit.
 
MJAir23TheGoat said:
The market is so rigged. oil prices are at an all-time high, and Evie’s stock across the board are dropping rapidly. make it make sense
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Market is risk-off right now, so there is a corresponding selloff of EV stocks. In other words the Iran war is having a broader impact on the market.
 
🧦 🧦 🧦 🧦 🧦 🧦 🧦 🧦 🧦 🧦 🧦 🧦

☺️

Oh, go ahead, it's fun reading until Q2 deliveries are better or worse than expected....

😁
 
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