Lucid Group Inc (LCID)

[double_m]

Read your comment and thought I would drop my 2 cents.
I was in and out of Lucid back when it ran up and down to $40. You're right about the product being exceptional. Their initial roll-out was a beautilful thing. They did it right!!! I got out at a loss because my main concern was the price of the vehicles and supply chain issues during the pandemic forcing them to reassess their production goals, and customers got frustrated over their failure to deliver. It was still relatively early in the EV market evolution and they found themselves tailored to a specific demographic. We all kept saying the same thing - they have to make a cheapter model to attract a more diverse group of customers. I'm no genius but I still believe they should've started out with a cheaper 'base model' to rival Tesla before phasing in the Air and follow-on models. GLTY.