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The point is he is not lucid! Maybe, he should be the third puppet in the Soros puppeteer cartoon.
Communism means no civil rights,,,just say'n.
Dude, where do you come up with this? I would say shit but I don't want to offend. I live in Montana. I have a gun for every day of the week and most holidays. I can hit a dime from 400 yards. Where was gun control ever mentioned? Are you saying those unarmed folks would have had it better if they would have been able to shoot back?
Those places are also the largest concentrations of humans and the largest concentrations of poverty. But that would be science and data. What does gun control have to do with killing unarmed humans because they have the wrong colored skin or live in the wrong neighborhood?
Sigh.
Because I can.
Why use profanity?
Not a damn thing. What does Biden have to do with Lucid?
What does this have to do with LCID?
He means the idiots that have decided to throw away centuries of research and data and instead take their medical advice from radio hosts and news/entertainment channels.
What do you mean by “these people”?
Regardless…. Go LCID!!
Just thought i would throw my twist into it,
https://www.factcheck.org/2021/10/trumps-final-numbers/
Remember the U.S.A. is the least vaccinated country! Therefore we have
the most unfortunate numbers of deaths.
Trump said; " Don't worry about it, It's just a common flu "
The same flu that almost put him in a hospital and was hidden from the
American people!
That's all i have to say for now! This is not intended to turn into a
full blown Left vs Right argument. Go LUCID!
You’re wasting your time trying to supply these people with facts.
They’re so dumb they still think the election was stolen, the coronavirus is a flu, and that Trump really cared about them and wasn’t just trying to profit from their stupidity.
Awesome. Why wouldn't you? Now you can eat all the poop you want to.
lol throw out covid and that's way different. And all the riots in democrat ran cities last year? maybe that's why the murder rate went up. Wait i thought biden was shutting the virus down? more deaths this year than last and that's with the vaccines
They didn’t vote. That’s the real problem.
Nice of them to drop it all the way back to $40 to fill that $3.8 mil bid
Looks like we probably will trend higher!
Would be nice to trend up from here
That would be wonderful.
WOW $41'S lcid
I second that!
For the record. Yeah, I got caught up in the CCIV hype and suffered through it. Am I griping or suing? Hell no! If I can't take the bumps and bruises along the way, not only am I in the wrong place, but I didn't learn a thing! My cost average was as high as 53.57... what did I do? I sold as it was going down (losing $$) and bought again after it got there. I'm not in the best position, but my cost is now 31.44 and I'm still working it. It's a volatile commodity.
AS I ALWAYS INFORM: I'M NO PRO. I DID GRAJIATE HI SKOOL THO. DON'T LISTEN TO ME OTHER THAN TO LAUGH A LITTLE. I'M JUST JERKING YOUR CHAIN FOR MY OWN ENTERTAINMENT. BE SMART WITH YOUR MONEY AND HAVE FUN. WISHING BEST SUCCESS TO ALL THROUGH YOUR OWN DUE DILIGENCE AND RESEARCH... IT'S YOUR MONEY. DON'T TRASH IT.
$LCID What am I doing with the whiny babies induced SEC subpoena? Glad you asked. I'm basically ignoring it while I enjoy loading up at great SALE pricing!
That's STRICTLY MY OPINION AND HOW IT ENTERTAINS ME. Use your own research and due diligence when you spend your hard earned capital. It's not easy to come by. Just because I enjoy this doesn't mean you will.
Nice that with everything else being down today this is up
I’ll be adding more tomorrow
Agreed. I wish I could buy about a million shares here.
Nice climb ip today
LCID 36.95 UNDER 50MA
meanwhile LCID just hit the days low 37.20
Yah they opened a service/showroom here in Seattle. In the SODO Area. 6 bays, 2 car showroom.
Lucid Motors: A New Investment Opportunity Has Just Arrived
Dec. 10, 2021 5:40 PM ETLucid Group, Inc. (LCID)TSLA29 Comments14 Likes
Summary
Lucid Motors is set to make big waves in the EV market.
Three compelling reasons why Lucid Motors will fare well with electric-vehicle buyers and investors.
Annual production and sales of around 100,000 electric-vehicles translate into at least $12 billion in revenue potential.
The stock price of EV company Lucid Motors (NASDAQ:LCID) has fallen in recent weeks, which I attribute to general profit-taking rather than anything else. Reservations for the Lucid Air, Lucid Motors' first attempt at producing an electric vehicle, are increasing. Lucid Group has big ambitions in the electric-vehicle market, and it has everything it needs to follow in the footsteps of Tesla (NASDAQ:TSLA), the electric-vehicle pioneer.
3 Reasons Why I'm Doubling Down On Lucid Motors
About three weeks ago, I wrote about my significant investment in Lucid Motors, an up-and-coming Arizona-based EV company with incredible potential in the electric-vehicle market. I invested roughly half of my net worth in Lucid Motors and increased my stake as the stock price shakes out impatient investors. The reason I'm so bullish on Lucid Motors is due to three factors, which I will discuss further below:
1.Customer deliveries already have started, and reservations are on the rise.
The Lucid Air range rating of 520 miles is unrivaled in the industry. No other competitor comes close.
2.The production of Lucid Motors' Air sedan is just getting started. Lucid Motors is expected to reveal details about new models in a relatively short period of time.
3.To the first point, customer deliveries. There are many EV companies that showcase their prototypes and pre-production models, but only a few can show a finished product that is selling. This is where Lucid Motors distinguishes itself in an increasingly crowded field. In October, the electric-vehicle company began making customer deliveries to reservation holders, and reservations are increasing.
Lucid Motors announced that it has received approximately 17K reservations for the Lucid Air luxury sedan, up from approximately 13K reservations in the previous reservation status. Lucid Motors will scale capacity to around 34K electric-vehicles in the first phase of the manufacturing build-up in Arizona, with a tripling of manufacturing capacity expected in the years that follow. So, in essence, Lucid Motors is on track to exhaust 50% of its production capacity through reservations alone. This is a significant accomplishment.
Source: Lucid Motors Company
To the second point, let's talk about the value proposition. In September, the Lucid Air Dream Edition sedan received the highest EV category range rating from the EPA, 520 miles, beating the nearest competitor by a solid 100 miles. No other EV product on the market comes close to Lucid Motors, which, let's face it, is a pretty good selling point for customers looking to contribute to the EV revolution by purchasing an electric-vehicle with their hard-earned money. As a result, the Lucid Air sedan and its various special editions should prove to be best-selling models, resulting in a significant increase in sales once Lucid Motors reaches mass production capacity.
The third point is the introduction of new electric-vehicles. Lucid Motors is currently on track to produce and sell only one primary product: The Lucid Air sedan. But, behind the scenes, the electric-vehicle manufacturer is hard at work on its second project, which will see the introduction of the Gravity luxury SUV. The SUV from Lucid Motors is still in the design phase, and few details have been revealed so far, other than the fact that the new electric-vehicle will be available in 2023.
How Many Vehicles Will Lucid Motors Be Able To Sell By 2025?
If the launch of Lucid Motors' Gravity Project goes as planned, I believe Lucid Motors can sell at least 100,000 vehicles per year by 2025. When estimating Lucid Motors' sales potential, there are two major variables to consider: 1 - the number of electric-vehicles that can be produced realistically given production constraints; and 2 - the average price of electric-vehicles sold. We know that Lucid Motors' annual production capacity for the Lucid Air sedan and the Lucid Gravity SUV will be around 90,000 units, a figure that may rise significantly as the EV company expands its AMP-1 manufacturing plant.
In terms of sales price, I previously calculated Lucid Motors' total revenue potential based on a $100K average sales price, but I now believe upgrade options will drive a significantly higher average sales price. If we assume that 40% of sales will come from the base model (sale price: $77K), 30% from the Air Grand Touring (sale price: $139K), and 30% from the Air Dream Edition (sale price: $169K), then the average price for an electric-vehicle sold is closer to $123K. Selling 100,000 electric-vehicles per year by 2025 equates to a $12.3 billion revenue opportunity, and Lucid Motors' expansion plans into Canada and China may make these estimates conservative.
Valuation
Lucid Motors trades at a sales multiple of six based on $12.3 billion in expected sales (2025e). Estimates this far in the future have a high margin of error, but I believe Lucid Motors is worth the risk despite its high market value. Lucid Motors' valuation is not low, and the stock remains highly volatile, so this is not a stock that everyone should buy. However, such a high multiple can be justified given the EV revolution's accelerating pace and shifting attitudes toward electric-vehicles.
Lucid Motors' Most Vulnerable Point Will Be Delivery Guidance
If Lucid Motors' delivery guidance is thrown off for any reason and the electric-vehicle company has to delay production, delivery estimates will be pushed out into the future. This could have an impact on how investors value Lucid Motors' EV potential. Again, there's no guarantee that my estimates for electric-vehicle sales or average sales prices are correct, so Lucid Motors may fall short of meeting high delivery expectations.
Lucid Motors' Stock Drop
In the last few days, Lucid stock has dropped for two reasons:
The EV company was served with a subpoena by the U.S. Securities and Exchange Commission and is being investigated for "certain projections and statements" it made when it merged its operations with Churchill Capital Corp IV.
Lucid Motors is issuing a convertible senior note with a $1.75 billion face value. These notes bear 1.25% interest and are due in 2026. The convertible senior notes have a conversion price of about $54.78 per share.
In contrast to the market, I see the fund raise as a positive for Lucid Motors because the additional capital will be used to improve liquidity and finance the EV company's production growth. The SEC investigation is more of a short-term issue that should not have an impact on Lucid Motors' production and delivery outlook.
My Conclusion
Lucid Motors has a high market value and a high sales multiple, but it has the best chance of any available EV manufacturer to grow into this valuation over time. Lucid Motors' valuation is high because EV investors have high expectations for the company, but if the company can stay out of trouble and meet its guidance, Lucid Motors could be the hottest thing since Tesla.
https://seekingalpha.com/article/4474652-lucid-motors-stock-investment-opportunity-arrived?utm_campaign=RTA+Articles&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+Article+Smart
It’s amazing how the SEC can start an investigation on Lucid motors . It almost seems like a hit set up to get the stock from going down . Hey Elon musk are you paying the SEC secretly for this FUD ? And they say the stock market is not rigged….. lol
Lucid will be part of NASDAQ 100 on 12/20/21.
Hence my premise to keep the faith!
OPKO, I think we get back there next week. The rundown yesterday was over the top to give the bond buyers extra incentive, given the interest rate is 1.25%, which is still low even in this environment.
roku has a couple of offerings and stock went down that nearly went up 700% since
unless you bought at the top yesterday and panic sold DUMB sellers are going to regret IMO
Don't understand the panicking. Does any new company's share price go straight up?
I don't think there's been one SPAQ conversion that hasn't had these friggen lawsuits filed against them. The lawyers know they get paid for the frivolous investigations.
If you believe in the company and aren't day trading the shares all longs should be very well compensated for their holding on to the shares.
These BS lawsuits will go away and the PPS will go back up.
You will see this over $40.00 soon again . IMO
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