Watts_Up
Well-Known Member
Interesting analysis following Elon Musk comment regarding Lucid's future:
Basically, looking at the numbers and cash flow, Lucid and Rivian could survive one year or so, if there is no recession.
However, both get supports from the Saudis and Amazon, respectivelly.
And also both have good products, but the luxury market is limited and saturated (Audi, BMW, MB EQC, Polestar, Porsche, Tesla S/X ...).
The only long term survival approach would be to produce a more popular vehicle (such as Lucid Gravity, and Rivian R2T/S).
Basically, looking at the numbers and cash flow, Lucid and Rivian could survive one year or so, if there is no recession.
However, both get supports from the Saudis and Amazon, respectivelly.
And also both have good products, but the luxury market is limited and saturated (Audi, BMW, MB EQC, Polestar, Porsche, Tesla S/X ...).
The only long term survival approach would be to produce a more popular vehicle (such as Lucid Gravity, and Rivian R2T/S).