Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Something has to give , holding my 18k shares of LCID and buying silver and gold for now LCID
must be some big surprise coming LCID
hey bud long time since we have owned the same stock, I took a gamble don't know much, the chart said buy , if we can get above 8 we will see 11 real quick LCID
it would help if they acted like a car manufacturer and published their prior month production and delivery numbers .
They have 1600+ sitting around the factory waiting for shipment (or orders?), I think the market wants to know which it is. Do they have orders but cant get cars to them?
WOW Christmas is over , cheap omg insane ,do we see 5's LCID
look at that chart I showed u , we r accumulating , pps will go way higher , make a trade , u will make money LCID
Bought another 3k worth of silver buying more , gonna buy myself a DREAM CAR
this ones an easy money maker LCID Coolio - Gangsta's Paradise (feat. L.V.) [Official Music Video]
be ready just make a trade https://stockcharts.com/h-sc/ui?s=lcid
I"m close to taking an additional position here, but I want to give it some time to shake out and get a better feel to the momentum - it's only oversold if the dilution and revenue predictions allow it to be - otherwise we are at the beginning of a trend - best of luck for you though, I hope you are able to take advantage of the volatility and make some dosh!
bought more ,not ready for 7's , over sold big time LCID
i bought 12k shares up 1200 , going up 75 cents tomorrow , WiLL walk away with 9k profit LCID
I f I recall they are forecasting 6000 car production for the year, The did essentially 3000 by end Q3 so have to hit 3,000 in Q4. Bearsworkshopestinated they could see 2000 over Christmas so so long as they had delivered 1000 in the 10 weeks prior (so not on site) tha number should have been hit.
Quality is paramount for Lucid they cannot afford any more "recalls" or even social media posts of shoddy workmanship like you see for Teslas
Yup. The big 3 are now go full force into the EV market. My only hope is that Lucid didn't get in too late.
Pays to have the wealthiest folks in the world backing the company
Insider buy over $1 billion Director and rolled out delivery of vehicles in Europe over 550 miles per charge on average
Kingdom of Saudi Arabia
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
8,041,393
8
SHARED VOTING POWER
1,100,965,202 (see Item 5 below)
9
SOLE DISPOSITIVE POWER
1,109,006,595 (see Item
https://ir.lucidmotors.com/news-releases/news-release-details/lucid-announces-second-quarter-2022-financial-results-reports
They have reset expectations lower. They will have to fix the production flaws. They came out of the gate with lofty predictions and didn't come close to meeting them.
It was funded as a SPAC which have fallen out of favor in the market.
Recall.
https://www.engadget.com/lucid-issues-recall-for-2022-air-evs-with-faulty-wiring-harness-151907286.html
Execution has been below par for that kind of a price tag. Fix that and increased production and we could see a run up not unlike Tesla. Patience and a long time frame may help. Maybe they get back on track in 2023.
A version of the Mercedes C class would be great. I hope they move that production schedule up. They have plenty of cash on hand, so that's not an immediate concern. The biggest one I see is that the ever growing list of competitors are producing relatively cheaper cars.
They do have a plan to release a base version of the Air that will be under the 70k mark and I know I read somewhere that they want to produce a $40-50k smaller car as well. However, that isn't in the plans until 2025 at the very least.
The purported issue with Lucid is that their vehicle line-up is too expensive for the current financial climate and the average EV car buyer is not willing to spend at least $88,000. Lucid makes some of the most aesthetic EV's in the market and needs to produce a vehicle with a price range around 1/2 of that. This will make them a true threat to Tesla!!!
and they also need to produce the Gravity SUV. The market right now in the states calls for SUVs, not sedans. As much as I love the Air, I think it was kind of a mistake to not launch the Gravity asap.
It takes time with a startup company like this. They won't be profitable on paper for at least another 2-3 years. I'm still a believer that these prices are at a basement bargain for what will be coming here in the 2-3 years once revenue and sales catches up and the new manufacturing plants open up in Saudi Arabia and the expansion in Arizona. If it drops to $5, I will be opening a new position in this at that price point.
it's all about cash flow for all the"new" companies be they EVs or Hydrogen related.
Lucid has spent billions, as forecast, on the new factory in arizona while hitting their production targets. roughly 2000 cars visible ready for delivery, they promised production numbers and that is what they have hit. But actual delivery would mean more $$$.
When news gets out that they can make what they said with the first phase factory, while building the full factory around it there should be confidence in the main funds.
On the other hand the market in general for BEV cars may be waning, is Lucid the right car for a "stay at home charging" family?
All a game of cat and mouse, chicken and egg, need positive report about long road trips finding adequate numbers of quality chargers available and working. The current perception I read is that the infrastructure isn't quite there yet but with the IRA and other incentives there should be big changes coming soon.
Meanwhile Lucid can ship their cars to Europe
Sad to see this so low. They have lots of orders and new showrooms. I don't get it .
If I remember right, the buyers can't sell or transfer the shares for 6 months
And they still have $6.5B potential dilution to put to the market if they so choose, and that's only what has been announced so far. The PPS is going to reflect that.
What do you mean? They just raised over $1.5B like 2 weeks ago.
Now we're getting close to where I'll start to pay attention. If we get to $5 and it continues to sink, I'll stay out and watch - with all the potential for dilution in this one, it's impossible to know where the floor will be. At $3 if we keep dropping I expect there will be an announcement of a massive offering. Stay tuned - and I really wish Elon would tell us what he obviously knows.
Bears workshop does them twice a week
https://www.youtube.com/@BearsWorkshop
best way to see progress on all aspects of the operation.
I am shocked seeing LCID lower than FSR today but I believe both of these EV companies will become very good success stories in the years to come. Look at Tesla PPS, they are also down big time this year and they're the stalwart in the market. I believe if you have money to invest buy some more and stash it away for a year. The volatility is just crazy these last few months to watch it every day. My prediction is LCID will become a huge competitor to tesla and FSR will be the leader for the entry level EV buyers who can't spend 6 figures on a car . Happy Holidays to all. Patience in these companies will pay off big time in the years to come. IMHO!
It's public information that Lucid CEO, VPs and a number of employees already worked with Elon (Tesla) previously and know exectly how he operates. Lucis was structured around Tesla's processes and models.
IMO if Lucid was headed to bankruptcy, Lucid would not be spending money on new plants, new showrooms, future lower-cost vehicles, new partnerships (i.e.: panasonic), etc.
Yes we're at $6, but then again Tesla went through the same thing early on.
IMO Lucid will hit $600 - $1,300 per share someday. The question is when? 3, 5, or 7 years?
Elon is his own demise! knows nutting!
Into the $6's.... what does Elon know that we don't.... that's what I want to know. This is going to drop a lot more.
Lucid, Cadillac Make Bold EV Move to Challenge Tesla (You Will Love it)
https://www.msn.com/en-us/autos/news/lucid-cadillac-make-bold-ev-move-to-challenge-tesla-you-will-love-it/ar-AA15veOK?cvid=8de1d48087c84a1ab8f2f75b22fa0bb2
We haven’t found the floor yet.
Great news thank you! Stickied
Lucid Begins Deliveries of Lucid Air Dream Edition to Customers in Europe, Confirms Official WLTP Driving Range of up to 883 km
https://finance.yahoo.com/news/lucid-begins-deliveries-lucid-air-080100078.html
LCID $$$
Slow but sure we will trend higher.
Lucid Begins Deliveries of Lucid Air Dream Edition to Customers in Europe, Confirms Official WLTP Driving Range of up to 883 km
Lucid Air arrives in Europe with first deliveries to customers in Germany and the Netherlands.
The limited-run Lucid Air Dream Edition receives official Worldwide Harmonized Light Vehicles Test Procedure (WLTP) driving range of 883 km.1 This makes the Lucid Air the longest-range electric vehicle in the European market.
AMSTERDAM, Dec. 21, 2022 /PRNewswire/ -- Lucid Group (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced that it has begun deliveries of Lucid Air in Europe, with the first customers in Germany and the Netherlands.
https://finance.yahoo.com/news/lucid-begins-deliveries-lucid-air-080100078.html
Is $LCID accepting Bitcoin or Crypto like these EV's https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170749993
Added a few more today, still bidding too. Would love to see this company succeed
LCID $$$
This report relates to the direct purchase by PIF of 8,041,393 Shares
https://ir.lucidmotors.com/static-files/c248de60-51e8-4a6d-9e36-5fa377d8163c
LCID $$$
Lucid Group, Inc. Announces Successful Capital Raise of Approximately $1.515 Billion
5:16 PM ET 12/19/22 | Dow Jones
NEWARK, Calif., Dec. 19, 2022 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has completed its previously announced "at-the-market" equity offering program.
Through the program, Lucid sold more than 56.2 million shares of its common stock for gross proceeds of approximately $600 million.
The successful capital raise of approximately $1.515 billion, which includes approximately $915 million that Lucid expects to raise through the private placement of approximately 85.7 million shares to an affiliate of the Public Investment Fund ("PIF"), Ayar Third Investment Company ("Ayar"), pending settlement in December 2022, will be used, as previously disclosed, for general corporate purposes, which may include, among other things, capital expenditures and working capital. As previously disclosed, the price that Ayar is paying in the private placement equals the volume-weighted average price achieved in the "at-the-market" offering. This private placement is not a part of the "at-the-market" offering and is in addition thereto. Subject to certain exceptions, Ayar has agreed not to, among other things, offer, sell, pledge or otherwise transfer any shares of our common stock for six months after the date of the private placement.
Lucid expects that the additional capital raised will further strengthen its balance sheet and liquidity position.
At least their electric motor technology is quite strong so that should allow them to have high performance SUV's as well. There's always a segment of the population that wants the fastest vehicle in a specific class. I took a starter to keep it in my watch list. It's one of my few longer term plays.
big hurdle is the delivery - they have over 1000 cars outside the factory waiting for transporters - check @bearsworkshop for videos twice a week
full factory steel completed and most buildings now shut in so fitting them out .
Took a starter based upon their revenues, and that video! Who knows where the exact bottom is but I figure it's better than buying it at $65 like it was almost 2 years ago!
Yes it was, seeing the Sapphire beat them all in the quarter mile is amazing. Still looking into this company but took a small starter and will be watching for dips. Pretty oversold atm but it sounds like they have some hurdles they're still dealing with
LCID $$$
seeing it beat the Ducati was awesome.
shows how much programming goes into different power to each axle - keeping it from doing "wheelies"
Not sure it really means anything but a status symbol to be fastest production vehicle (0-60, 1/4 mile)
Followers
|
305
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
5704
|
Created
|
01/12/21
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |