Monday, November 20, 2023 2:48:50 PM
Tesla is going to go the way of the Dodo because of Musk's inability to keep his mouth shut. He had rock star status because he happened to have a vision for products that liberals wanted, and he had the work ethic of a capitalist to make that vision come to life. But that's the problem, he's not a liberal, he's a visionary and does not share politics with that crowd even though he seems so intelligent it doesn't seem he's figured any of this out yet. In the meantime Tesla is becoming more and more irrelevant because of him.
That doesn't translate into dollars for Lucid though - they are targeting the high end market while Tesla is slashing prices and going for volume production, not to mention the competition that is moving into the market such as BYD, KIA, and numerous others. Lucid needs to accelerate the growth plan, and bring in the Model Y competitor ASAP, the Gravity is a beautiful car for sure - but technology or no, the market is hungry for the $30k 6 person SUV and if there was a viable option besides the Model Y they wouldn't be able to make them fast enough.
Recent LCID News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/08/2024 12:01:07 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 11:58:02 PM
- Lucid CEO To Speak at Deutsche Bank Global Auto Industry Conference and Evercore ISI Global Clean Energy & Transitions Summit • PR Newswire (US) • 06/07/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:39:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:38:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:37:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:36:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:32:02 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 10:29:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 08:10:17 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/05/2024 09:06:06 PM
- Lucid Announces Appointment of Lisa M. Lambert to Board of Directors • PR Newswire (US) • 06/04/2024 08:30:00 PM
- Lucid Expands its Presence in the Middle East, Bringing the Award-Winning Lucid Air to the United Arab Emirates • PR Newswire (US) • 05/31/2024 07:00:00 AM
- iPhone Sales Skyrocket in China, Nvidia Surges in Pre-Market Following xAI Fundraising, and More News • IH Market News • 05/28/2024 11:37:48 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 10:58:30 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/23/2024 08:18:00 PM
- Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More • IH Market News • 05/13/2024 11:16:03 AM
- Disney Slashes Streaming Losses, UBS shoots up 9% as profit triples expectations, and More in Earnings • IH Market News • 05/07/2024 11:46:44 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2024 08:14:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:06:33 PM
- Lucid Announces First Quarter 2024 Financial Results • PR Newswire (US) • 05/06/2024 08:05:00 PM
- Index Futures Point to Strong Monday Opening, Building on Last Week’s Gains; Oil Prices Rise • IH Market News • 05/06/2024 12:09:15 PM
- The 2024 Lucid Air Grand Touring: The Longest-Range EV Gets Even Better • PR Newswire (US) • 04/17/2024 01:00:00 PM
- Delta Generates US$37 Million Profit in Q1, Google and Intel Unveil Cutting-Edge AI Chips, and More News • IH Market News • 04/10/2024 11:13:48 AM
- Lucid Announces Q1 Production & Deliveries, Sets Date for First Quarter 2024 Results • PR Newswire (US) • 04/09/2024 01:00:00 PM
FEATURED Southern Silver Announces Updated PEA on Cerro Las Minitas: US$501M After-tax NPV5%; 21% IRR; 48 Month payback • Jun 11, 2024 5:26 AM
Swifty Global Announces South African Gambling License Approval • DRCR • Jun 10, 2024 9:15 AM
DaBaby and Stunna 4 Vegas's "NO DRIBBLE" Joins Music Licensing, Inc.'s Portfolio • SONGD • Jun 7, 2024 10:15 AM
Mushrooms Inc. (OTC: MSRM) Announces Significant Share Buy Back by the Board Director and New Strategic Initiatives. • MSRM • Jun 5, 2024 1:32 PM
Hydromer Announces Launch of HydroThrombX Medical Device Coating Technology • HYDI • Jun 5, 2024 10:24 AM
Dr. Michael Dent Finances $1 Million to Drive HealthLynked's Healthcare Transformation • HLYK • Jun 5, 2024 8:00 AM