Replies to post #4773 on Lucid Group Inc (LCID)

[Windbag1014]

Who at Lucid has the most influence over the share price? Projections for deliveries were pretty enthusiastic compared to reality. How early on did the CEO know there would be problems with the supply chain. Lots of incentive for him to keep quiet as the share price rose and his pockets filled.

Might be totally legit but optics don't look so good. Price peaked at $55.52 in mid November. $19.40 today. $260 million. Lots of incentive for the guy to push the price.

https://www.cnbc.com/2022/02/28/lucid-slashes-2022-vehicle-production-forecast.html
https://autobizz.in/lucid-motors-ceo-was-awarded-260-million-right-before-shares-plunged-by-67/