Reverse Split

[Genghis]

While I agree with you the struggling LCID stock is not directly attributed to"Key FOB", but the reality is, Gravity ramp is signficantly behind plan. Lucid's shipment (Air + Gravity) is significantly below theire forecast. $7,500 incetive is going away. Leases, which accounts for a large part of LCID sales, is problematic. Impact of tariff won't help. It is unclear what Lucid is doing to right the ship! OK, so, it is not the key FOb, but.....

I think they call these headwinds... hold on to your hats, it's going to be a bumpy ride.

 

[boydracing]

I personally don't like it and voted no. I would rather rise with P/L gain rather than building a 'false bottom' - just in case. In the end, should not make a difference as your investments are still worth the same as others have stated. I just don't like the 'false bottom' approach. I guess when it rises to $200/share, it will split in a normal way. Just some thoughts and feedback.

 

[Batteryman]

Wow, who could have imagined this disaster…on the cusp of delivering their X6 Air seller the Gravity and stock is in the toilet! Great job Lucid executives, investors really got screwed on this one!

Rawlinson said what? 135 k deliveries in 2025? cough cough……

Mistep after mistep. Air software was crap when launched, slow ramp to the Pure which was the model they should have released much earlier to get volume sales, Gravity “ release” in Dec and then a 6 month gap…. and of course the issues with the Gravity.

I thought the 6 month delay was to get the Gravity perfected!

And by the time they get their act together, both carbon credits and EV credits disappear! I’m appalled!

 

[merveille07]

Wow, who could have imagined this disaster…on the cusp of delivering their X6 Air seller the Gravity and stock is in the toilet! Great job Lucid executives, investors really got screwed on this one!

Rawlinson said what? 135 k deliveries in 2025? cough cough……

Mistep after mistep. Air software was crap when launched, slow ramp to the Pure which was the model they should have released much earlier to get volume sales, Gravity “ release” in Dec and then a 6 month gap…. and of course the issues with the Gravity.

I thought the 6 month delay was to get the Gravity perfected!

And by the time they get their act together, both carbon credits and EV credits disappear! I’m appalled!

What's the point of this rant? Will it helps the stock price?

 

[hydbob]

What's the point of this rant? Will it helps the stock price?

No but some people love yelling at the clouds.

 

[sri]

I think we will see all time lows today. Wish it wouldn't be another 50% shave before dilution.

 

[Buffalo Bob]

Nice to see that them (sub $5/share) non-qualifying institutions woke up with their fingers on the buy button... Not.

 

[NoseyReporter]

Ez target for shorts.

This show will repeat itself until volume manufacturing happens.

The continued dilution is coming. They absolutely will need to continue raising.

 

[californiaboy935]

Nice to see that them (sub $5/share) non-qualifying institutions woke up with their fingers on the buy button... Not.

Broader market and tech is down. And Lucid liquidated the odd share lots which adds to the “sell off”. I would like to say that (institutions) most likely are waiting for some volatility to die down. Which this volatility is expected after a reverse split. But yeah. Who knows.

I am still hopeful that some institutions will buy in. Hopefully in a big way.

 

[Genghis]

Only 30% of companies have long term growth after a RS. Some notables include Apple, Amazon, Citi, and Priceline. Hopefully Lucid will be in that minority but they’ve got some major headwinds. The launch and sales of Gravity was supposed to be a major catalyst but ended up hurting more than rallying. Moving on to the mid-size story now…

I’m such a sucker for the company and my car… bought more shares today

 

[Batteryman]

What's the point of this rant? Will it helps the stock price?

Because investors got screwed. They delayed Gravity 6 months, why release the dozen cars in Dec and then a 6 month gap? Imagine if they got supply chain in order and started actual production in Dec as promised to investors. They would have been in a better place.

Just because we all own a Lucid, doesn’t mean those who invested turn a blind eye to these things.

It may not help stock price but Lucid executives need to know how I feel, hence the rant!

More coming if there is more mismanagement.

 

[sri]

Broader market and tech is down. And Lucid liquidated the odd share lots which adds to the “sell off”. I would like to say that (institutions) most likely are waiting for some volatility to die down. Which this volatility is expected after a reverse split. But yeah. Who knows.

I am still hopeful that some institutions will buy in. Hopefully in a big way.

I dont think it is that liquidation can cause a 10% down. It seems market i not liking on how Lucid is performing and this reverse stock decision.
Also there is no institution lining up to buy. Hope this is a temporary situation but if Lucid announces a dilution before recovery we may loose another 20 to 30%

 

[Batteryman]

I dont think it is that liquidation can cause a 10% down. It seems market i not liking on how Lucid is performing and this reverse stock decision.
Also there is no institution lining up to buy. Hope this is a temporary situation but if Lucid announces a dilution before recovery we may loose another 20 to 30%

Institutions don’t buy on the day of the reverse split. They will most likely spread out their buys strategically. It will slowly climb up again as institutions add. Hopefully Gravity deliveries are good and they reach 18-20k production.

They will probably club dilution with midsize reveal at the 2025 LA auto show.

I remember stick was $4 when Gravity was revealed and most people thought the Gravity ramp will help….now it’s $1.7….

Of course macro climate didn’t help and Lucid dug the hole deeper with their supply chain issues.

 

[Buffalo Bob]

IMO, the only way this obviously conscious move by Lucid makes any sense is if they knew that the RS would be just about immediately followed by some great news on August Gravity deliveries, demand, and resolution of the major manufacturing ramp issues.

 

[merveille07]

IMO, the only way this obviously conscious move by Lucid makes any sense is if they knew that the RS would be just about immediately followed by some great news on August Gravity deliveries, demand, and resolution of the major manufacturing ramp issues.

Exactly my thoughts. I don't think institutions are going to buy it unless they're some good news or after dilution.

 

[merveille07]

Because investors got screwed. They delayed Gravity 6 months, why release the dozen cars in Dec and then a 6 month gap? Imagine if they got supply chain in order and started actual production in Dec as promised to investors. They would have been in a better place.

Just because we all own a Lucid, doesn’t mean those who invested turn a blind eye to these things.

It may not help stock price but Lucid executives need to know how I feel, hence the rant!

More coming if there is more mismanagement.

You're back!!!

 

[LucidfanAZ]

Lucid has 70k+ orders for its vehicles between the PIF and Uber deal. If production is no longer an issue, I don’t see why they aren’t getting these out to SA asap in volume to increase delivery numbers. That’s the only thing that will help the stock and Saudi holds the key yet only a thousand at best per quarter. Confusing… unless most of the government orders are for midsize.

 

[new owner]

It is a production issue at least as far as Gravity is concerned
The Air is doing well for a large sedan
And they need a CEO who can put production in the fast lane

 

[liggy]

If it weren't for the ongoing crazy lease return charges situation I'd view this as an opportunity to double down again.

As it stands now - just going to hang on and see how this shakes out.

 

[P Daody]

shorts will try to drive the prices down post split. nothing changes about the market cap - the key is if Lucid can have their Tesla 3 moment. that is what SP appreciation will be catalyzed from, need that Earth SUV.