$Lucid Group Inc(LCID)$ Air To

2023-06-05

$Lucid Group Inc(LCID)$ Air Touring base model is $112k. Compared to $50k Tesla Model Y. or $87.5k Tesla model S. Lucid has to cut its prices in half to even be competitive. Unless Lucid comes out with a sub-$50k SUV in the next few months, don't see how they make it past 1Q24 without declaring bankruptcy. CEO Rawlinson has to do better than one lavishlhy expensive car after another

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