Stock price of Lucid

[hmp10]

Interesting that those who constantly post negative comments about Lucid are in full force here.

The Gang of four.

It seems that you have put up more repetitive stock-pumping posts on this thread than those with a negative view of the stock have done cumulatively.

The title of the thread is "Stock Price of Lucid" -- a title that seems to invite views from varying perspectives -- not "Why Lucid Stock is a Steal".

 

[tmichael]

This thread is definitely about the stock price of Lucid. But, please don't suggest that problems of real vehicle owners, who experience the joy and sometime frustration of owning and operating (and servicing) their Lucid vehicles that are posted on other threads are stock bashing. The people who own vehicles describe their issues and the forum often comes up with creative and innovative workarounds or solutions.

Please don't comment on actual ownership issues if you don't actually own a vehicle. It becomes your opinion based on what you read, not the facts you have experienced through ownership. Those. are VERY different observations.

 

[Spaceship]

Hmm, interesting. Was going to compare it to Polestar but they also did a reverse split and is now hovering around $17.

I don't think Lucid is going anywhere. I bought a few more stock at $7. I believe the drop is temporary.

Once we get more details on midsize, PAAK for the Gravity and UX 3.0 for Air, I hope things turn around. To add some optimism to the seemingly dark situation, I think we are bearing the worst part of the storm right now and hopefully only brighter days ahead.

 

[gaskiller]

It seems that you have put up more repetitive stock-pumping posts on this thread than those with a negative view of the stock have done cumulatively.

The title of the thread is "Stock Price of Lucid" -- a title that seems to invite views from varying perspectives -- not "Why Lucid Stock is a Steal".

I criticized a lot as well. I support Lucid and believe in the company and this is a Lucid owners forum. Nothing wrong in voicing support here.

And those who don’t believe in the company don’t have to respond to every positive comment I make. It goes both ways.

 

[gaskiller]

To what "shine" are you referring? When Kyle Conner first test drove a pre-production Gravity, he all but said it was going to be the likely winner of the Motor Trend "SUV of the Year" award (and he was on the judging panel). When the award came out, the Gravity got little more than a passing nod. It has come nowhere near the award sweep the Air pulled off in its first year. Instead, we've had major reviewer after reviewer report software problems and difficulty getting into and starting the cars. And other major reviewers who raved about the Air and even beta versions of the Gravity (such as Throttle House, the Autopian, etc.) have either failed to review the production car or made no mention of it at all since the start of deliveries.

Lucid desperately needs the cash flow from robust mid-size sales. If they're holding off because they think the Gravity needs more time to bask in some imagined spotlight, then they're more deluded than I think.

What they most need to do is hold back on the Cosmos until its entry mechanisms and software are functioning reliably. The fate of the company hangs on this more than anything else.

Agree, fate depends on midsize, just like Rivian. Nothing wrong in waiting to release.

Or do you want them to do a desperate pump and show the vehicle publicly? When interest dies down, what happens?

They should just try and execute. No need to use human psychology .

 

[sri]

I criticized a lot as well. I support Lucid and believe in the company and this is a Lucid owners forum. Nothing wrong in voicing support here.

And those who don’t believe in the company don’t have to respond to every positive comment I make. It goes both ways.

Isn't you the one commenting on everyone’s post? Its not the other way

 

[hmp10]

Or do you want them to do a desperate pump and show the vehicle publicly? When interest dies down, what happens?

I was making the opposite point: Lucid should hold off on the Cosmos until they have the software and entry issues nailed down. The last thing they need to do is repeat the mistake of rushing to release the Gravity with the slew of issues it had.

If, as you suggest, the PIF will hang in with Lucid through thick and thin, then they can survive further cash drains while getting the Cosmos right. And then we can all hope the stock finally begins the climb for which we all hope. What they cannot survive is releasing a mass-market vehicle with the kind of software issues the Gravity has had.

 

[Lucken]

Missing through most of this thread is one issue that, IMO, still thwarts Lucid’s growth regardless of the integrity of the software or the quality of the overall product. Lack of awareness due to a lack of advertising.

I have honestly lost track of how many people have asked me why Lucid doesn’t do more mainstream advertising. Most of these people would know literally nothing about the car or the company if it weren’t for me. No, not advertising on Facebook or YouTube, but more conventional advertising like television. One short spot on an awards show doesn’t cut it, nor does selective product placement on a handful of TV shows. Regardless of how flawless the execution of the midsize vehicle is, if it’s a ‘well kept secret’ it’s for naught.

I am extremely concerned about the fate of this company. I well recall countless posts, prior to the Gravity, saying the company’s future hinged on the success of the Gravity. I well remember countless posts imploring Lucid not to make the same software mistakes with the Gravity they made with the Air. So how did that work out?

Color me very pessimistic.

 

[victoryroad]

I may be missing something, but how many automobile start-ups have had the financial support and so far steadfast commitment of such a well funded investor? Yes, cash flow is important but as I suggested above, a few billion is walking around money for the PIF. They have potential competition from China which to me is a bigger risk than current Lucid sales or product plans. My guess is that SA will not submit to China in any way, despite China's apparent superiority in EV technology and design. Whatever the case, my AGT has delivered a superior experience compared to legacy high end cars that I owned until late 2022 over the past three plus years. Stock performance cannot take that away.

 

[MJAir23TheGoat]

The reverse split was the worst decision they could’ve made for the stock. I said the same thing when it happened last year. The stock at roughly 5 dollars still isn’t attractive to many potential buyers.

 

[hmp10]

Missing through most of this thread is one issue that, IMO, still thwarts Lucid’s growth regardless of the integrity of the software or the quality of the overall product. Lack of awareness due to a lack of advertising.

Lucid would be getting deeper into a sticky wicket with trying to ramp up sales volume at this point. There are growing reports on this forum of extended service delays. A poster just today reported it taking almost two weeks to get a service date assigned and the date then being two months out. Our Gravities have spent weeks in Service Centers with much of time just waiting in queue. (Our Air once sat so long in a Service Center parking lot that Lucid had to replace the rear tires because they developed flat spots.) The mobile techs are swamped. The time it used to take us to get a mobile tech to the house has stretched from 1-2 days to weeks now. On top of that, there have been recent layoffs of service personnel.

Color me very pessimistic.

It's depressing, but my own pessimism is growing. After years of driving Mercedes, Audis, Jaguars, Lexus, Mazdas, Teslas, and Hondas -- everything from high-performance AMGs, R8s, and Plaids to minivans -- I still don't know a car I'd rather drive or ride in than a Lucid.

It almost makes me glad that I'm at an age with few, if any, car-buying decisions still ahead of me.

 

[BS8899]

Lucid would be getting deeper into a sticky wicket with trying to ramp up sales volume at this point. There are growing reports on this forum of extended service delays. A poster just today reported it taking almost two weeks to get a service date assigned and the date then being two months out. Our Gravities have spent weeks in Service Centers with much of time just waiting in queue. (Our Air once sat so long in a Service Center parking lot that Lucid had to replace the rear tires because they developed flat spots.) The mobile techs are swamped. The time it used to take us to get a mobile tech to the house has stretched from 1-2 days to weeks now. On top of that, there have been recent layoffs of service personnel.



It's depressing, but my own pessimism is growing. After years of driving Mercedes, Audis, Jaguars, Mazdas, Teslas, and Hondas -- everything from high-performance AMGs, R8s, and Plaids to minivans -- I still don't know a car I'd rather drive or ride in than a Lucid.

It almost makes me glad that I'm at an age with few, if any, car-buying decisions still ahead of me.

There are actually TWO compounding problems at the Service Centers. [1] it takes 2 or more months to SCHEDULE an appointment, and [2} at the appointment day, some SCs would tell you, "you are now in the queue, but it will take another 2-3 weeks for service to ACTUALY get to work on your car".

As we speak, my 2022 AGT is at the Scottsdale SC. Appointment was scheduled 4 months ago (in Dec 2025). I dropped the car off last Monday, 9 days ago. They haven't started to work on it yet. It is "forecasted" t be done this week. But there are no commit and no ETA. The appointment is for a 3 yr, Schedule A check-up!

 

[Lucken]

Lucid would be getting deeper into a sticky wicket with trying to ramp up sales volume at this point. There are growing reports on this forum of extended service delays. A poster just today reported it taking almost two weeks to get a service date assigned and the date then being two months out. Our Gravities have spent weeks in Service Centers with much of time just waiting in queue. (Our Air once sat so long in a Service Center parking lot that Lucid had to replace the rear tires because they developed flat spots.) The mobile techs are swamped. The time it used to take us to get a mobile tech to the house has stretched from 1-2 days to weeks now. On top of that, there have been recent layoffs of service personnel.



It's depressing, but my own pessimism is growing. After years of driving Mercedes, Audis, Jaguars, Lexus, Mazdas, Teslas, and Hondas -- everything from high-performance AMGs, R8s, and Plaids to minivans -- I still don't know a car I'd rather drive or ride in than a Lucid.

It almost makes me glad that I'm at an age with few, if any, car-buying decisions still ahead of me.

That would make the situation even more dire and essentially a Catch 22. You need more volume (and obviously profit) to survive and yet you can't ramp up volume until there's an extensive expansion of SCs that's not likely to happen and would have to be well underway if it were (and it's not). Not good, not good at all.

 

[hmp10]

There are actually TWO compounding problems at the Service Centers. [1] it takes 2 or more months to SCHEDULE an appointment, and [2} at the appointment day, some SCs would tell you, "you are now in the queue, but it will take another 2-3 weeks for service to ACTUALY get to work on your car".

As we speak, my 2022 AGT is at the Scottsdale SC. Appointment was scheduled 4 months ago (in Dec 2025). I dropped the car off last Monday, 9 days ago. They haven't started to work on it yet. It is "forecasted" t be done this week. But there are no commit and no ETA. The appointment is for a 3 yr, Schedule A check-up!

This situation deteriorated noticeably with the Gravity's release and is one of the consequences of releasing a vehicle before it was ready. We have had a drive unit, a HUD unit, a rear hatch latch, and a steering wheel replaced in our Gravities -- each time in a separate service visit and requiring Lucid to transport the vehicle across the state twice and from out of state once (as the drive unit failed on a long road trip). Mobile techs have been dispatched several times to confirm odd software behavior I was reporting (each time confirmed with audio and/or video recordings).

Warranty costs are eating Lucid alive, something to which Chief Engineer Eric Bach referred obliquely in an interview he gave shortly before the Gravity's launch (and shortly before he got marched out the door and filed a lawsuit).

If the Cosmos lands at a higher sales volume with even remotely the issues Lucid has seen with the Gravity, the whole service infrastructure will collapse.

There are real reasons, well beyond short selling or market overreaction, behind today's stock price.

I AM NOT SAYING THE SITUATION IS HOPELESS . . . YET. This is why I keep harping on the point that it's critical for Lucid not to start Cosmos deliveries prematurely, no matter what short-term pressure they perceive to do so. It will be an absolutely fatal step if they do.

 

[HC_79]

The reverse split was the worst decision they could’ve made for the stock. I said the same thing when it happened last year. The stock at roughly 5 dollars still isn’t attractive to many potential buyers.

Thank god they did it in my opinion because if they didn’t they’d be in delisting territory right now.

 

[hmp10]

. . . you can't ramp up volume until there's an extensive expansion of SCs that's not likely to happen and would have to be well underway if it were (and it's not).

Spot on. Getting a service operation staffed and trained takes considerable time. Over a year before Gravity deliveries started in earnest there was a training mule sent to the Miami Worldcenter to be disassembled and reassembled for training purposes.

The fact that Lucid actually laid off service personnel across the circuit recently is deeply worrisome, especially with their "volume" model supposedly being launched late this year or early next.

 

[socktucker]

The reverse split was the worst decision they could’ve made for the stock.

it was great for them, otherwise they would have been delisted last year and unable to sell stocks

 

[minivanasatruck]

Spot on. Getting a service operation staffed and trained takes considerable time. Over a year before Gravity deliveries started in earnest there was a training mule sent to the Miami Worldcenter to be disassembled and reassembled for training purposes.

The fact that Lucid actually laid off service personnel across the circuit recently is deeply worrisome, especially with their "volume" model supposedly being launched late this year or early next.

If service appointments and bug fix cadence continue to get worse I can't think of a bigger red flag for Lucid as a viable company. And if service and fixes get better/faster, I can't think of a bigger green flag. I'm sure a lot of investors are checking service quality reports as a top indicator of confidence in Lucid as a company. They need to ramp that up ASAP.

 

[gaskiller]

There are actually TWO compounding problems at the Service Centers. [1] it takes 2 or more months to SCHEDULE an appointment, and [2} at the appointment day, some SCs would tell you, "you are now in the queue, but it will take another 2-3 weeks for service to ACTUALY get to work on your car".

As we speak, my 2022 AGT is at the Scottsdale SC. Appointment was scheduled 4 months ago (in Dec 2025). I dropped the car off last Monday, 9 days ago. They haven't started to work on it yet. It is "forecasted" t be done this week. But there are no commit and no ETA. The appointment is for a 3 yr, Schedule A check-up!

This is a problem they need to address!

 

[gaskiller]

On the bright side, vehicles are terrific. After software fixes.

You can either build a “ meh” and save money, get to market quicker, or build on of the best engineered vehicles on the road .

First is easy but bad long term. You want beat the Germans, you need the second approach.

Everything else is noise.