Lucid Group Inc (LCID): IMO I think they are focusing too much o...

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Sunday, May 15, 2022 6:12:32 PM

Re: SubPennyBoater post# 4801

IMO I think they are focusing too much on luxury cars and that is hurting the business and stock. Luxury is low-volume, low-sales, low GP.

If they can produce a $30K EV w/500+ range (now, not in 3-5 years) for mass-consumers... their sales would fly. IMO the stock would get to $200-$400+ as ONLY THEN... they would be taking Tesla's real bread & butter.... volume/sales/profits.

Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.

Recent LCID News

Tesla, GM, Ford EV Price Hikes Loftier Than For Gas Cars: Here's The Average Price Gap • Benzinga • 06/27/2022 01:39:44 AM
Tesla's Giga Shanghai Plant To Shut Down, Ford European Manufacturing Plans, Toyota Stumbles Upon Launch: Week's Top News From EV Industry • Benzinga • 06/25/2022 12:07:13 PM
Lucid Motors Opens First Retail Location in the Pacific Northwest at University Village in Seattle • PR Newswire (US) • 06/24/2022 01:00:00 PM
Securities Registration: Employee Benefit Plan (s-8) • Edgar (US Regulatory) • 06/21/2022 08:07:06 PM
Lucid Motors Opens First Retail Studio in the State of Colorado, the Denver Studio at Cherry Creek Shopping Center • PR Newswire (US) • 06/17/2022 01:00:00 PM
Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) • Edgar (US Regulatory) • 06/15/2022 01:09:20 PM
Current Report Filing (8-k) • Edgar (US Regulatory) • 06/15/2022 01:08:02 PM
Lucid Announces $1.0B Revolving Credit Facility • PR Newswire (US) • 06/15/2022 01:00:00 PM
Elon Musk Sees These 2 Prominent EV Makers Headed Toward Bankruptcy • Benzinga • 06/15/2022 10:04:40 AM
What Does TipRanks Reveal About Lucid Group? • TipRanks • 06/15/2022 07:06:29 AM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 09:08:06 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 09:04:39 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 09:02:45 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 08:57:47 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 08:56:20 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 08:54:53 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/13/2022 08:53:06 PM
With Shares Down 56%, What’s Ahead for Lucid? • TipRanks • 06/11/2022 05:13:26 AM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/08/2022 09:53:37 PM
Statement of Changes in Beneficial Ownership (4) • Edgar (US Regulatory) • 06/08/2022 09:51:44 PM
Lucid Unveils Lucid Financial Services with Bank of America • PR Newswire (US) • 06/07/2022 01:00:00 PM
Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) • Edgar (US Regulatory) • 06/02/2022 09:12:40 PM
LCID Stock: Is Lucid Motors a Buy Right Now? • Finscreener.org • 06/02/2022 11:15:00 AM
2 Consumer Goods Stocks from TipRanks’ Top-Performing Portfolios • TipRanks • 05/27/2022 11:49:50 AM
Jakubowitz Law Reminds Lucid Shareholders of a Lead Plaintiff Deadline of May 31, 2022 • PR Newswire (US) • 05/27/2022 09:45:00 AM

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