Lucid Group Inc (LCID)

[Windbag1014]

Bought a little more. They get their ops and logistics fixed and they should be successful. Lots of irons in the fire if you ask me.

[SubPennyBoater]

F me. Not paying attention. I said to myself sell today at 20.2 and I held. Glad I have a 15.7 avg but I think this will dip hard

[Pt3]

Lol huge dropped

[Windbag1014]

Lower production and rev miss.

https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-second-quarter-2022-financial-results-reports

[db]

LCID possible shirt squeeze post earnings regardless of poor ER?

[Sirius Black]

Earnings call this afternoon 5:30 PM Eastern:
https://app.saytechnologies.com/lucid-group-2022-q2?filter=all&sort=num_shares

[BearRickPunch]

They aren't meeting their production goals for the year.

[BearRickPunch]

It's not the worst, but it's never good to miss your projections. Might see a little dip for the next quarter, but there are so many catalysts in line for this company in the next 3 years that people should be looking forward to that instead.

[Pt3]

Why bad earning

[Nflgiants86]

Financials due out after hours today

[Nflgiants86]

Financials due tomorrow. Guess we’ll see how bad they did. Hopefully we don’t drop much in price.

[BearRickPunch]

Motor Trend Car of the Year for 2022 - Lucid Air

https://www.motortrend.com/news/lucid-air-2022-car-of-the-year/

[BearRickPunch]

Another reputable auto review blog reviews Lucid Air and calls it the "real deal". First Motor Trend COTY and now another big source gives it a thumbs up. What's next?

https://www.autoblog.com/2022/07/18/lucid-air-first-drive-review-grandtouring-performance/

[Windbag1014]

“If you tell the truth, then you don't have to have a good memory”

https://www.goodreads.com/quotes/132478-if-you-tell-the-truth-then-you-don-t-have-to

Have a great weekend.

[BearRickPunch]

Sideways trading until more catalysts come seems to be the theme here.

[KMC-1]

lotta volatility.

[BearRickPunch]

Nice recovery today and yesterday. Let's hope more good news means more movement in the right direction.

[Zilidium]

No pain no gain.

[BearRickPunch]

LOL. That's always a possibility. Maybe get solar power to be safe.

[staynafloat]

They will actually be working together.

Ever heard of a Fuel Cell ?

A fuel cell uses the chemical energy of hydrogen or other fuels to cleanly and efficiently produce electricity. If hydrogen is the fuel, the only products are electricity, water, and heat. Fuel cells are unique in terms of the variety of their potential applications; they can use a wide range of fuels and feedstocks and can provide power for systems as large as a utility power station and as small as a laptop computer.

https://www.energy.gov/eere/fuelcells/fuel-cells

[uksausage]

LCID won't be left behind - why?...

it was the winner at FOS (festival of speed) Goodwood in the UK at the weekend - Fastest production. EV. (LUCID AIt Grand Touring).

[BJ_Cooper]

It’s all good until the power grid goes down. Hydrogen is the answer. LCID better get on board or get left behind.

STRONG SELL!!!

[BearRickPunch]

BOOM. Here we go!

[BearRickPunch]

But that isn't true by any means and the link you posted isn't from a viable source of information. I never acknowledged that he was paid over $500M, but you keep telling me that I did, so please stop. I told you to go look at what he was actually paid. That's it. The amount is still obscene, but it's the agreement they made when he got hired. I don't understand why you need to keep debating this.

[Propain]

https://twitter.com/LucidMotors/status/1540008527111983105/photo/1

[KMC-1]

That isn’t the point you were arguing though, you presented the situation as having not been over $500MILLION.
It is over $500MILLION, as you’ve now acknowledged, along with acknowledging the amount is obscene, especially considering how far the company is from having revenue to support such an amount, which is the main point(s) I was originally making.

[BearRickPunch]

Maybe, but both CEOs weren't rookies. They both came from distinguished areas of expertise in the sector. Both are heads of EV companies that can become the next Tesla. Who knows, maybe even Tesla buys one of them out eventually. Like what if Musk decides to buy Lucid to make Lucid it's luxury sector of Tesla? We don't know and yes, I'm in firm agreement that the pay is ludicris. However, those hedge funds behind both companies made an agreement.

[Windbag1014]

Do you believe the compensation is commensurate with the company's performance? Was there a timing issue associated with the compensation? Who controlled the narrative coming from the company? Who was favorably positioned most by delaying the shortfall of cars produced? The pay was obscene compared to what was delivered. There should have been a claw-back.

[BearRickPunch]

as stated from before, all part of their contract packaged deal with making the company go public.

"Equity packages for electric-vehicle chiefs Peter Rawlinson and RJ Scaringe were tied in part to future share-price gains"

[pcjockey]

Lucid, Rivian Each Awarded CEOs More Than $400 Million in Pay Last Year

Article from June 8, 2022

https://www.wsj.com/articles/lucid-rivian-each-awarded-ceos-more-than-400-million-in-pay-last-year-11654680602

[BearRickPunch]

Don't trust information from this blog. It's not accurate and it's just a site that some fan created.

https://www.lucidinsider.com/

[BearRickPunch]

So you posted up a misinformation link? Why would you say that it's from the Lucid site when it's not? Gotta make sure that shit is legit.

[SmokeSignals]

time to get in

[KMC-1]

You'll need to take it up with management.

[staynafloat]

Lucidinsider is a blog and is not back by the company in any way.

[KMC-1]

The link I posted is directly off the Lucid website.

[BearRickPunch]

Like I stated before, you need to actually go and read what he actually got.

https://insideevs.com/news/583003/lucid-ceo-made-over-260-million-usd-performance-based-awards-2021/

[KMC-1]

It’s $565 million.
From Lucid themselves:

https://www.lucidinsider.com/web-stories/lucid-motors-executive-compensation/

[BearRickPunch]

No you didn't quote me. I never stated that Rawlston got paid $500M. I told you to go look up the actual facts and what he got paid. It's $263M. Yes, it's a lot of money, but it's in the contract that he signed when they hired him. Share profits reach a certain point and he gets paid. It's a shit ton of money, but how do you know that he isn't going to reinvest that money back into Lucid? We don't. We don't know his plans atm.

[pcjockey]

I get it. And I didn't say the poster was an idiot. Just that autocorrect creates strange communication moments. I see it all over the web where people post.

[Windbag1014]

Probably, it was just what it chose that made me laugh. I don't think they are an idiot. It was just ironic that it used that word.

[ortco1]

It is a buy price at the moment. Buy and hold .

[buk199]

OMG LOL....... ITS A F UP PHONE DO IT OWN SPELLING AGAIN

[pcjockey]

lol

[pcjockey]

Autocorrect makes everyone look like idiots these days.

I assume it was autocorrect.....

[Windbag1014]

Now that was funny. You have a great knight.

[KMC-1]

That was very incentive of you to point that out....

[Windbag1014]

Insensitive. Nailed it.

in·sen·si·tive
[in'sens?div]
ADJECTIVE
showing or feeling no concern for others' feelings:
"an insensitive remark"
synonyms:
heartless · unfeeling · inconsiderate · thoughtless · thick-skinned · hard-hearted · stony-hearted · cold-hearted · cold-blooded · with a heart of stone · [more]
not sensitive to a physical sensation:
"she was remarkably insensitive to pain"
not aware of or able to respond to something:
"both were in many ways insensitive to painting"

Incentive
in·cen·tive
[in'sen(t)iv]
NOUN
a thing that motivates or encourages one to do something:
"there is no incentive for customers to conserve water"
synonyms:
inducement · motivation · motive · reason · stimulus · stimulant · spur · impetus · encouragement · impulse · incitement · goad · provocation · attraction · lure · bait · premium · douceur
a payment or concession to stimulate greater output or investment:
"tax incentives for investing in depressed areas" · [more]

[buk199]

We'll I guess you'd Bitch at a dollar insensitive. Don't invest ifyou think no one should get insensitive pay.....

[buk199]

We'll I guess you'd Bitch at a dollar insensitive. Don't invest ifyou think no one should get insensitive pay.....