Lucid Group Inc (LCID) Quote

Can we get some positive surprises? How about an earlier release date for the smaller, more affordable, Tesla competitive vehicle.

Been a lot of news about people dumping the Tesla junk cars.

Yes, the worker problems will need to be addressed. I would think they will hire contract workers from outside the country, to do the heavy lifting, and to train the local employees.

Okay me bad, I apologize, I thought you were talking about Casa Grande.

Lucid isn't building any vehicles in Saudi Arabia (KAEC) King Abdullah Economic City, only subassemblies. Eventually and yes this location is on the Sea. Great place to ship vehicles all over the world.

https://en.wikipedia.org/wiki/King_Abdullah_Economic_City

The one problem I see with building a factory in Saudi Arabia producing EVs is the talent and work ethic? Hopefully I'm wrong, as Peter Rawlinson may see something I don't? It could be too that the Saudi Government wants their people to work for a living rather than be given everything? Big Oil $$$ has influenced their lifestyles. people can change if given the right incentives.

I was referring to the Saudi plant, as a shipping origin for Europe.

Hi TucsonPhil,
How does a place like Casa Grande make for a good shipping point to European Markets? It's like saying Missoula, Montana is a good shipping point to European markets? I'm a native Arizonan and a fan of Lucid as I own shares, but I don't understand your point?
Don't get me wrong, I like Casa Grande and Lucid being in our state. Casa Grande has one railroad line and I-10 unless you know of something else? Magic carpet maybe? Inland waterway?
How do the cars get shipped economically? It has to be by Rail or Truck. Shipping by sea directly saves money. Maybe that's why Detroit besides being close to steel mills and the Great Lakes shipping is still in business, besides of course having plenty of skilled labor.

I ask the question? Why Casa Grande, AZ? I would venture to guess that land prices to build Lucid's factory had a lot to do with it? Plus, Casa Grande is between two large metropolitan areas with two major Universities nearby? UofA and ASU both have Engineering Colleges, however;
"ASU's Ira A. Fulton Schools of Engineering is the largest and most comprehensive engineering program in the United States."According to the following;
https://www.google.com/search?q=compare+asu+engineering+to+university+of+arizona+engineering&oq=Compare+ASU+engineering+to+University&gs_lcrp=EgZjaHJvbWUqBwgBECEYoAEyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigATIHCAUQIRigAdIBCjI1NDE5ajBqMTWoAgiwAgE&sourceid=chrome&ie=UTF-8
So, two biggies; Land and Talent. Other factors are; Cheap labor, housing and food availability. Think about setting up a factory in Los Angeles California? If the "Red tape"doesn't kill your project, finding a dependable labor force, a decent place to raise a family, affordable housing, dedicated work force and not losing your employees to a competitive job market would surely doom you. Why do you think Elon Musk moved to Texas from California?

Barron's article: DJ Update: Tesla Stock Drops. Four Things That Might Be Moving Shares. -- Barrons.com
"This content was created by Barron's"..... Might & Created two buzz words that say "here's what we think" don't you agree? Even though I don't mind the publicity "Lucid taking the mantle from Tesla." What I really detest about the liberal media is they manufacture lies and try and tell you it's the truth. It's like watching Jim Cramer, if you didn't know any better, most people think his opinion matters?

The Saudi net worth is $1.4Trillion, Volkswagens net worth is $55.24Billion.
Who has the deepest pockets?
Who answers to BOD and Shareholders?
Who’s going to win the battle for market share?
Lucid does have a lot of shares OS
They make a beautiful car “Air”
I saw one in Phoenix, it definitely caught my eye.

Nice kitty ....purrrrrrrrrrrrrrr

https://investorshub.advfn.com/Lucid-Group-Inc-LCID-38915

Agreed, and their plant makes for a good shipping point to European markets. I see the Casa Grande plant as an export supplier for points south, and overseas rather than the U.S. market.

The Saudis have come to the realization that the west is too busy swordfighting rather than commit, so they will target the mid-east market, starting with their own homeland. That's why they built that mega-factory in KAEC. I spent a lot of time in the region (Kuwait, Bahrain, Dubai, Fujarah, Qatar) and Hummers, Ferraris and Lamborghinis are always parked outside McDonalds and Dunkin' Donuts. There is a lot of personal wealth across the region and they love their toys with the latest technology.

I see the Saudi's playing the long game, by keeping them up and running, while less well-funded EV companies falter and go bankrupt.

It appears they are just playing a cold-war style arms race against the competition.

Building production plants in a deflationary environment has some advantages. Goods, services and materials are less costly. Buy the materials you need during these periods, at a discount.

In light of the current economic environment, I don't think the share price will fare well this year, but does create buying opportunity for whenever the market bottoms out.

Lucid's forward thinking allows for success in the coming years. They have the funding now!

The $1.5 billion investment from Saudi Arabia’s PIF should certainly set them up for success next year.

https://www.cbtnews.com/lucid-secures-1-5-billion-investment-from-saudi-arabias-pif-to-boost-suv-production/This financial boost ensures that the EV maker is sufficiently funded until the fourth quarter of 2025."Being sufficiently funded until the 4th qtr of 2025" -That's very important during this period.

Lucid making some smart moves and partnerships for the coming years...Sounds like Lucid will be ready to hit the ground running, for when the economy does turn around. Hoping we see the turn next year sometime...

Lucid (LCID) shares are soaring in after-hours trading after reporting better-than-expected second quarter revenue. The EV maker also announced it has received a $1.5 billion commitment from the Public Investment Fund, Saudi Arabia's sovereign wealth fund.

LCID 10Q due AUGUST 5

2024 Lucid Air Vs. Mercedes-Benz EQS Sedan: Which Luxury EV Is BEST?
Wonder which EV is the best?
CarBuzz answers that exact question in their latest comparison video. Not only does the reviewer from CarBuzz fall in love with the exterior and interior styling of the Lucid Air but recognizes how it stands out in driving performance. Watch the comparison of Lucid Air and Mercedes-Benz EQS for yourself.1

Today marked another step forward in our company’s journey.

This afternoon, fresh out of our state-of-the-art paint shop and resplendent in stunning Infinite Black, the first Lucid Gravity SUV pre-production bodyshell dropped down from the roof conveyor onto the main production line at our factory in Casa Grande, AZ, reaching a significant milestone on our path to full production.

This marks the beginning of the Lucid Gravity pre-production run on our assembly line. Each unit will help us perfect the process and will be used for final validation testing to ensure top-tier build quality in full-scale production. Stay tuned for more updates as we continue to prepare for the start of Lucid Gravity's production.

Not all EVs are born equal.
https://www.linkedin.com/feed/update/urn:li:activity:7221309854789816320/?utm_source=marketingcloud&utm_medium=email&utm_campaign=gravity-pre-prod_info_aud_en-us_hrs_gravity_20240723&utm_content=https%3a%2f%2fwww.linkedin.com%2ffeed%2fupdate%2furn%3ali%3aactivity%3a7221309854789816320%2f&utm_term=

Further retreat, as tech markets are experiencing pullback this week. Long-term will be up. Waiting for next release, hopefully showing more Saudi share acquisition. This is a short squeeze waiting for a player.

I was a happy flipper this week. Until yesterday lol. I have a fair amount as a long hold as well. Just a bump in the road imo.

What is the concensus this morning? Bounce today? Or further collapse?

The electric vehicle, and green/renewable energy economy future is in jeopardy with a climate-change-doubting administration. Subsidies will be cut as first order of business.

Oh, where did the happy days go?!😒

What did I miss? What happened today?

i might regret those covered calls i wrote for next friday at $5

lcid was wild today

Basing. Buy vwap $4.03

Now let’s bring back the days of February 2021, $58/share and let’s go up from there.
I know, I know, “patience lil grasshopper.”
It will be. Been with them since $cciv days.

barring BK, the bottom is in for LCID

Defying Gravity, pun intended.

Happy days are here again :)

Ah “Liechtenstein” forgot about it. Quite an amazing route

They drove through 9 countries. Here is one article stating the countries.
https://gomechanic.in/blog/lucid-air/

I believe it was eight countries. Regardless, very impressive.
You can see the animated video of the journey here:

shame they don't tell you the 9 countries in 567 miles they went “through”.

https://eletric-vehicles.com/lucid/lucid-drives-912-km-through-9-countries-on-a-single-charge-breaking-guinness-record/

Junk or huge potential? .......Thanks!!!

Is this due to the tariffs on Chinese EVs?

LCID 10Q due 5/6
T+1 settlement begins 5/28

Yes, I would love to see a positive earning report, let’s go Lucid! They make a superior E.V., it should be recognized.

At some point shorts will be heavily damaged. The direction of this stock price has made them a lot of money, so I suspect they will exit before they lose all of their profits.

It would be nice to see an earnings surprise for this quarter.

Shorts are going to have to pay up and it goes up! Thank you

And still going up, Woot woot!

Lucid up today!

LCID new 52 week low

I’ll just buy more ;) Gotta avg down.

LCID new 52 lo

Over the long term I believe this company will do well, and I do agree the current administration is a huge part of the problem!

Not all trades are winners. I have about a 60-70% success rate just my confidence is low from basement joe to pump ev and green sector

I think this will pop but they may take it lower though

That can't be right, you just loaded up for the big pop.

Don't worry though, I'm sure there's no RS coming either, just like you said.

Im wondering the same sold at -2k loss sick of watching this thing bleed, biden hising in his basement while evs see all time lows week after week