His biggest justification for calling Lucid a fraud is because Lucid is delaying first deliveries 3-9 months. That is soooo stupid I couldn't keep watching the video.
How long did Tesla delay Roadster 1.0/2.0 deliveries? Model S deliveries? Getting to 10k Model 3s per week? Tesla Semi first deliveries?
There was a lot more in there.
Top heavy on executives for a company with no sales.
Revenue on sales based on ASP higher than Model S Plaid but somehow getting higher sales than S&X in the 100k+ market with a new car at a new brand.
Cash burn rate would go through available cash in less than two years.
Order book is not very large, in the 1,000s not 100,000 or 1m.
2021 sales push back was just the tip.
What was TSLA market cap when they had roadster and Model S delays? What was their production at that time?
Gali’s take was just as brutal.