Drove by the Lucid plant in Casa Grande today. Lots of cars sitting in the 110+ degree AZ sun!
Video: Lucid plant parking lots
- Thread starter LucidJazz
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Ouch!
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Airlines and the DOD park jet planes in the Arizona sun to preserve them. The cars will be fine.
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I don't think sun is the issue in this video. It's frightening to see such an inventory backup.
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So now we know why the current deals are so irresistible. I had no idea they were sitting on such a staggering inventory. A bit concerning.
In their last 10-Q filing, their balance sheet had over $1b in unsold inventory so this shouldn't be shocking... until you actually see it!
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At least in the next drive by video it will be obvious there’s one less fathom blue Pure in the lots. 