Target $0
- Thread starter sri
- Start date
I picked up more shares today. While I don’t yet have a vehicle (my 2026 AGT lease application is not fully approved), I appreciate the engineering behind Lucid’s amazing vehicles and the company’s potential.
Of course, I also appreciated the engineering behind the Betamax videotape format, the advanced capabilities of IBM’s OS/2, and Borland Software’s suite of development and office productivity tools…
Of course, I also appreciated the engineering behind the Betamax videotape format, the advanced capabilities of IBM’s OS/2, and Borland Software’s suite of development and office productivity tools…
But there is one big difference, EVs are taking over…….its a given. Unlike Betamax……
Eventually (8% market share in the US now, years away from a large share).
Having a great product is only part of the equation. To survive and thrive you have to execute. Leadership, financial performance, manufacturing, marketing, human resources, customer service and a whole host of other things. It all matters. The best companies win, not necessarily the best products.
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Today is another buying opp.
Maybe cobbling together a global team of retired elevator execs was a bad idea. They can’t even relocate fast enough to get started if they only have enough cash to make it a year.This week $4 target and Lucid will keep silent as usual
Best damn car, management
Firing a bunch of C Staff might have been a worse decision than firing service.
Here they are making a big deal about using a German law firm to pointlessly sue a Portuguese blogger while they’re literally imploding into nothingness. Given my experiences this week I’m not even convinced anyone inside Lucid knows what is happening anywhere in the company.
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Thank you for your free advice
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Changing the whole C-Suite could help stabilize operations (badly needed), but it could also mean waving goodbye to the company's DNA. That original engineering innovation spirit is what made Lucid what it is, for better or worse.
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What, precisely, would you like them to say? “Please stop selling our stock and buy it instead?”This week $4 target and Lucid will keep silent as usual
Best damn car
Public companies are extremely limited in what they can and cannot say outside of certain periods. I know we are in a “post-truth” society and all, but expecting Lucid to comment on share price on a daily/weekly basis is neither reasonable nor ever going to happen.
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Based on the share price? Lol.
It is far too early to tell anything about that.
What?
Based on?
Not pointless. They literally didn’t have much choice, as it affected the stock and shareholders, and it is not the first time he’s done it. Also, he’s a “journalist,” not a blogger. If he were just a blogger, he might not be getting sued.
He posted opinions and mistruths as facts. That is literally against the law.
It’s not a “big deal” to use a German law firm; Lucid has a German presence and nexus, and so they have German law firms, as that is the only place they can sue. They did not “create” said nexus to sue.
Okay.
While true, I'm pretty happy with the level of engineering innovation they got to (motors, charging, aerodynamics), and they could probably live off that platform quite well for many years. IF they got the routine stuff correct. That's what's killing them, not the lack of engineering innovation.
We could probably argue that Tesla did that... got to a level with motors, charging, and aerodynamics they're happy with for consumer cars and have just been milking that platform for pretty much all of the 2020's and millions MY and M3 of sales. (The largely failed Cybertruck notwithstanding.) I'd be quite happy if Lucid got as far as Tesla did with consumer cars (before they got bored and shifted focus to semis and robotaxis instead).
Emphasis on "another". What's this, #27 now?
Totally agreed, the core vehicle platform and engineering is solid and I can't see any practical need to improve it, I'd be happy with this platform for the next 10 years, if they can just continue to refine the build quality, routine table-stakes stuff, software reliability and UI/UX, and new mostly-software features (including improved self-drive).
Touché!Emphasis on "another". What's this, #27 now?
Man at $4.50 it makes you wonder if you should buy some.