Well that spectacularly backfired

[Batteryman]

Wonder whose smart idea it was to dilute just before the election when they could have done it later in 2025. They probably thought stock will climb after Q3 earnings. And Gravity is not ramping up as many expected. Great way to reward investors who have lost a lot of money. Stock entering into the 1’s plausible. Just think how terrible the returns were for those who invested in this company stock . Absolutely horrible!

Yeah, risky investment but with constant talk of “ partnerships” , Saudi buying 100k vehicles etc, you would think……

Lucid management needs to get out some good solid PR pronto! Not the usual best range, best tech talk. Something that actually makes the stock price go up. No one will buy the vehicles if they think company going belly up.

 

[Tâm]

Wonder whose smart idea it was to dilute just before the election when they could have done it later in 2025. They probably thought stock will climb after Q3 earnings. And Gravity is not ramping up as many expected. Great way to reward investors who have lost a lot of money. Stock entering into the 1’s plausible. Just think how terrible the returns were for those who invested in this company stock . Absolutely horrible!

Yeah, risky investment but with constant talk of “ partnerships” , Saudi buying 100k vehicles etc, you would think……

Lucid management needs to get out some good solid PR pronto! Not the usual best range, best tech talk. Something that actually makes the stock price go up. No one will buy the vehicles if they think company going belly up.

I bought a Tesla car in 2012 because it had the best range then. When I heard Lucid got a better range, I didn't hesitate to buy a Lucid at all. The "range" and "tech" talk has persuaded me successfully.

It's a good thing that Lucid is transparent with its financial strength. It's strong as long as it has cash to pay the bills. It's also transparent in showing where the cash comes from.

 

[Batteryman]

I bought a Tesla car in 2012 because it had the best range then. When I heard Lucid got a better range, I didn't hesitate to buy a Lucid at all. The "range" and "tech" talk has persuaded me successfully.

It's a good thing that Lucid is transparent with its financial strength. It's strong as long as it has cash to pay the bills. It's also transparent in showing where the cash comes from.

I’m talking about investors, not buyers. They make great product. But, Peter talks about partnerships and Saudi buying 100k vehicles….where is that happening? I don’t see any movement at all. Need to get better marketing as well. Looks like VP of marketing left. Investors deserve more action.

 

[Tâm]

I’m talking about investors, not buyers. They make great product. But, Peter talks about partnerships and Saudi buying 100k vehicles….where is that happening? I don’t see any movement at all. Need to get better marketing as well. Looks like VP of marketing left. Investors deserve more action.

An analyst upgrades from hold to buy with the price target of $4:

EV Company Lucid Group Gets Analyst Upgrade and $4 Price Target

Lucid Group Inc. (LCID, Financial) saw an analyst upgrade on Monday from R.F. Lafferty's Jaime Perez, shifting from a "Hold" to a "Buy" rating, driven by cost i

www.gurufocus.com

 

[borski]

I’m talking about investors, not buyers. They make great product. But, Peter talks about partnerships and Saudi buying 100k vehicles….where is that happening? I don’t see any movement at all. Need to get better marketing as well. Looks like VP of marketing left. Investors deserve more action.

Investors, ostensibly, are aligned with the long-term success of the company, which doesn't generally involve theatrics for the sake of short-term stock price pumping. Reminder that this is Lucid, not Tesla or Gamestop. If you want fast, short-term returns, this is not the stock for you.

 

[Batteryman]

Investors, ostensibly, are aligned with the long-term success of the company, which doesn't generally involve theatrics for the sake of short-term stock price pumping. Reminder that this is Lucid, not Tesla or Gamestop. If you want fast, short-term returns, this is not the stock for you.

Think 4 years is short term? Or even the past year absolutely no movement, just down down down. Stock is down more than 50% compared to a year ago despite recent good results in Q3. Makes you think what’s going on with Lucid management PR. They need to get moving a year ago. If they are waiting to make the “ perfect “ SUV, they may not have much time left. Peter needs to hustle….Understand they had challenges, but, I feel they are too slow to react. Stock going into the 1’s…….could you believe we are here on the cusp of Lucid introducing a new model which is expected to sell much better than the Air. It’s a viscous circle….bankruptcy talk- less sales

Gravity should be in the hands of customers by now. Hustle your employees!

 

[Batteryman]

An analyst upgrades from hold to buy with the price target of $4:

EV Company Lucid Group Gets Analyst Upgrade and $4 Price Target

Lucid Group Inc. (LCID, Financial) saw an analyst upgrade on Monday from R.F. Lafferty's Jaime Perez, shifting from a "Hold" to a "Buy" rating, driven by cost i

www.gurufocus.com

Yeah, but stock keeps dropping. One analyst says $4, everyone else in the 2’s or 3’s. They have had 4 years to figure out marketing for the Air….still many haven’t heard of it, even those in AZ.

I more upset about talk of partnerships and Saudi buying 100k vehicles. Nothing happened in 3 years. I understand Lucid wants to make sure they don’t have the issues they had with the Air, but they should be ahead of the curve, now everyone realize SUV won’t sell much in Q4 and Touring being delayed 12 months means same process they followed with the Air.

Right now, they need sale numbers, get cars on the road. Why follow the same pattern? I don’t get this. This is why stock keeps dropping. Shorts are running the company.

 

[Buffalo Bob]

There are a couple key elements of the Gravity release that I cannot fathom, and I think they have hurt both initial sales and the stock price... I have a hard enough time with Lucid only releasing the Grand Touring at launch, but why on earth would they go on to say that the Touring would not be available for another whole year? I can't imagine that they expect the ramp up problems that they had with the Air, so what was the point of giving a time frame at all... no less such an extended timeframe... even if they expected wild demand for the Grand Touring? Now, if demand is such that they feel compelled to add the Touring sooner, it'll be taken as a sign of weakness.

 

[NoseyReporter]

Investors, ostensibly, are aligned with the long-term success of the company, which doesn't generally involve theatrics for the sake of short-term stock price pumping. Reminder that this is Lucid, not Tesla or Gamestop. If you want fast, short-term returns, this is not the stock for you.

I think investors are still allowed to be critical.

Marketing has been.... Less than stellar. People will point to the increase in deliveries but I would counter that with the lower avg cost. Is it marketing or simply a lower cost to entry that resulted in higher delivery numbers?

VP of Marketing just left... I won't speculate but draw whatever conclusion you want from that.

100k open order from the Saudis? If obvious they are waiting for their factory to be the one to produce the 100k. There is pride in that, and the 100k almost certainly will come from there. But what I'm troubled by is the partnership of Ceer with Rimac for their drivetrain technology. We don't know the details of the partnership, but if Lucid truly has the best drivetrain technology why would a PIF backed EV company, Ceer, choose Rimac over Lucid? Personally I have always felt Rimac is a threat to Lucid. The company has been around awhile now and truly developed a lot of tech from the ground up. Porsche and Hyundai own large stakes in Rimac.

And partnerships? Serious crickets on this front. Peter always speaks about not giving away details until things are signed and agreed upon. But in reality Lucid has been under pressure with regard to partnerships for over a year. It's the reason why analysts keep asking on the calls. It's why Peter brings it up himself. He's been talking about partnerships for over a year and hasn't delivered on a substantial one yet. At this point, he is doing exactly what he throws shade on others for doing. Rocks in his glass house. Maybe I'm wrong and they drop new about a Korean company licensing drivetrain technology tomorrow, but it's worth at least saying that Peter has been talking up partnerships for a year with really no news on the horizon about one AND other companies in the industry making waves about their own partnerships.

GM and Hyundai
Ceer and Rimac
Rivan and VW

I don't like the idea of poo-pooing Gravity and it's launch. We have no clue whether or not it is successful, so everything is speculation. Give it a year, then look back.


I love the company and love the engineering. No one said it would be easy, and it won't get easier. But there's no reason why I can't be critical as an investor.


As for the dilution event. Normally you let the pump event happen then dilute. I don't understand who tried to time it the other way around. So many times in my trading history I've seen huge pumps, followed by massive capital raises. Not sure why Lucid dilute before an potential pump event.... That is unless they didn't think it would be a pump event.

 

[Buffalo Bob]

As for the dilution event. Normally you let the pump event happen then dilute. I don't understand who tried to time it the other way around. So many times in my trading history I've seen huge pumps, followed by massive capital raises. Not sure why Lucid dilute before an potential pump event.... That is unless they didn't think it would be a pump event.

Perhaps completely incorrectly... At the time, I viewed the otherwise unusual timing of the dilution as a way to at least theoretically reward the PIF for their continued support with optimal timing from their perspective, and I was (a bit reluctantly) OK with that. I highly doubt that they were expecting what was going to happen following Q3 results, the Gravity release, and the election.

 

[MJAir23TheGoat]

Might get order filled today on my $2 buy. I see some good things ahead for 2025.

 

[Batteryman]

Lucid set to become penny stock as death cross solidifies downtrend

The already-troubled Lucid stock may be in for an even greater collapse before the start of 2025 as the shares just flashed a death cross.

finbold.com

Absolutely horrendous! They should have gotten the base Gravity out first, take advantage of 7.5k credit when available. This mantra of most expensive model first to make a few extra dollars won’t work! You need to be flexible.

 

[NoseyReporter]

Lucid set to become penny stock as death cross solidifies downtrend

The already-troubled Lucid stock may be in for an even greater collapse before the start of 2025 as the shares just flashed a death cross.

finbold.com

Absolutely horrendous! They should have gotten the base Gravity out first, take advantage of 7.5k credit when available. This mantra of most expensive model first to make a few extra dollars won’t work! You need to be flexible.

Death cross was on the card the moment dilution happened.

I think you are armcharing a bit too much. You don't have all the cards and it is very easy to be critical after the fact. Who is to say your suggestion wouldn't result in Lucid being in a worse of scenario?

As Broski said, if your investing here it's the long game. I highly doubt GT vs T at launch will make a substantial difference in the long run.

 

[Rogue]

Lucid set to become penny stock as death cross solidifies downtrend

The already-troubled Lucid stock may be in for an even greater collapse before the start of 2025 as the shares just flashed a death cross.

finbold.com

Absolutely horrendous! They should have gotten the base Gravity out first, take advantage of 7.5k credit when available. This mantra of most expensive model first to make a few extra dollars won’t work! You need to be flexible.

Do you ever get tired of posting negative stuff? If you are not happy with your positions, sell them. The rest of us don't have to be privy to the ranting for the decision to be made.

I for one am waiting to enter when the Gravity hits production. This was my suspicion all along of a free fall up to that point, maybe even until the mid-size.

 

[Gravitas]

All I can say is that when I saw the Lucid Air, I fell in love. When I test drove a Lucid Air GT, I was captured; it's a spectacular car with amazing styling and packaging.
Did not feel the same after driving BMW iX/i4, Tesla Model S, or Polestar 2 (I do own $PSNY; other than Lucid, I'd recommend their cars to family/friends).

I started buying $LCID in 2021 because of the Gravity. Surely, it'll be my next car. I saw one in person at Tysons Mall in Virginia, and inspected the heck out of it!
I dare to say that it was almost perfect - the fit and finish was up there with the best.
At current stock prices, I am aggressively averaging down as much as I can. Currently at $6.64.
Trying to get down to $5 range, and then wait 5, 6, 7 years (assuming no WW3).
Lucid makes amazing cars, and I want to be part of it, and get rich trying.

 

[Batteryman]

Do you ever get tired of posting negative stuff? If you are not happy with your positions, sell them. The rest of us don't have to be privy to the ranting for the decision to be made.

I for one am waiting to enter when the Gravity hits production. This was my suspicion all along of a free fall up to that point, maybe even until the mid-size.

What’s positive about stock price going below $2?

Coming out with a highest trim with lower trim not being available till end of 2025, meaning 2026 dropped the stock as well. I’m perplexed why Lucid did this. Yeah, they have PIF but they should respect shareholder value. Pivot when you need to.

I’m upset about all the talk about partnerships and Saudi buying 100k without any specific details. Gravity should have been out in customer hands by now. Wall Street doesn’t like it and being a public company, you need to focus on product and investors.

 

[hydbob]

What’s positive about stock price going below $2?

Coming out with a highest trim with lower trim not being available till end of 2025, meaning 2026 dropped the stock as well. I’m perplexed why Lucid did this. Yeah, they have PIF but they should respect shareholder value. Pivot when you need to.

I’m upset about all the talk about partnerships and Saudi buying 100k without any specific details. Gravity should have been out in customer hands by now. Wall Street doesn’t like it and being a public company, you need to focus on product and investors.

Focus on product is the right attitude. Focusing on investors is not IMO. Strong companies were/have/are being built with focus on product and not investors.

 

[Lucken]

All this optimism has certainly brightened my day.

 

[Batteryman]

Focus on product is the right attitude. Focusing on investors is not IMO. Strong companies were/have/are being built with focus on product and not investors.

Congratulations, stock is $1’s…..wow! But hey, we have a great product that is very expensive and hasn’t started any deliveries yet and our base model won’t be available for at least a year, maybe even longer.

Investors are important as well as the product. Trying to get out a perfect product is expensive. You can do that when company is flying but not in this environment. They should have had the Gravity ramped up by now.

 

[AP22]

Investors, ostensibly, are aligned with the long-term success of the company, which doesn't generally involve theatrics for the sake of short-term stock price pumping. Reminder that this is Lucid, not Tesla or Gamestop. If you want fast, short-term returns, this is not the stock for you.

Gamestop is a meme stock pumped by Wall Street Bets on Reddit. Tesla is not a short term stock. Consistently, year over year, the company is growing and share holder value has increased without fail. Tesla has both shorth and long term returns. To paint their company and justified stock movement in the same picture as Gamestop is unfair.