-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
All discussion of Lucid Motors
- Thread starter Right_Said_Fred
- Start date
RobStark
Well-Known Member
Could car less about the Sapphire. Lucid needs to be focused on sales and making their software much better. If you read the the Lucid forum, their slow software updates/improvements/bugs are not good. They still have not improved DDP (Lucid FSD), since the car came out. Not sure what they are doing. Can’t use being new as an excuse, as Rivian executes on software really well and is also a startup.
I have been so close to getting a Lucid Grand Touring, but then read about the software glitches some people have and of course the bad EA charging network and then scares me away. Really would like to try one, but with service centers about 5 hours away, just don’t trust it.
I have been so close to getting a Lucid Grand Touring, but then read about the software glitches some people have and of course the bad EA charging network and then scares me away. Really would like to try one, but with service centers about 5 hours away, just don’t trust it.
SwedishAdvocate
Active Member
Rivian as a more 'inspiring' ownership structure. I would never work for Lucid's majority owner.
RobStark
Well-Known Member
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment...
electrek.co
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment...
So another quarter and a few weeks.
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment...
(Checks calculator). The numbers check out. It's probably just a bonus for Rawlinson.
RobStark
Well-Known Member
About 20 weeks. If all else remains the same.
It was not uncommon for Tesla to have several capital raises per year before Model X launch. Even afterward.
Yeah, I just wonder how successful the Gravity will be. The Gravity can be the second coming of Jesus but the market seems to be saturated. Rivian seems to be struggling moving the R1S and The Ioniq 9 is about to come out and Volvo EX90.
Sure not uncommon, but why such a small amount? Only adding one quarter of runway? Do they really think they are going to turn things around that quickly? Or is that all they could get right now?
khorton
Member
Perhaps they judged that the existing investors would be spooked by a large dilution of their holdings if the PIF made a much larger investment. Maybe better to boil that frog one small dilution at a time.
They have zero backlog. You can order one right now and they have one ready for you to pick up the next day.
RobStark
Well-Known Member
Fisker is a design and marketing company.
Lucid is an engineering and manufacturing company.
PiF affiliate just invested another $1B. They are long term investors and will see this through at least Midsize rampup.
RobStark
Well-Known Member
Q1 2024 Lucid delivered 1967 vehicles. That is up 40% YoY.
finance.yahoo.com
Q1 2023 Lucid delivered 1406 vehicles.
ir.lucidmotors.com
Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results
Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air, America's most awarded new luxury vehicle1, today announced production and delivery totals for the quarter ended March 31, 2024. Lucid produced 1,728 vehicles and delivered 1,967 vehicles...
Q1 2023 Lucid delivered 1406 vehicles.
Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2023 Results | Lucid Group, Inc.
NEWARK, Calif. , April 13, 2023 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), setting new standards for luxury electric experience with the Lucid Air , winner of the 2023 World Luxury Car Award, today announced production and delivery totals for the quarter ended March 31, 2023 .
Production is way down QoQ, almost 30%. On the other hand deliveries were at an all time high. (Maybe the vehicles that have been in transit to Europe/etc. were finally delivered.)
Days of supply have come down, but is still really high:
Days of supply have come down, but is still really high:
RobStark
Well-Known Member
Similar threads
- Marketplace listing
- Locked
- Marketplace listing