How does Lucid justify a $14 b

2023-08-21

How does Lucid justify a $14 billion market cap? Lucid only delivered 1404 vehicles last qtr. It has thousands sitting unsold. It's other production the gravity SUV is entering an even more competitive EV segment with limited number of buyers at the high price range. It has no plans for a charging network, no real plans to make $ in software, no plans to enter energy storage sector, and from Peter Rawlinson's comments no plans for a cheaper vehicle. At best lucid should match Aston Martin's $3.5b market cap. $Lucid Group Inc(LCID)$

Lucid Air Electric Car

EV Companies and Industry DIG

Join to become an EV Data/Company/ Industry Explorer to help your investings.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":211317373374480,"tweetId":"211317373374480","gmtCreate":1692614839612,"gmtModify":1692614843482,"author":{"id":9000000000000186,"idStr":"9000000000000186","authorId":9000000000000186,"authorIdStr":"9000000000000186","name":"CharlesBaker","avatar":"https://static.tigerbbs.com/a1c16d0b9681dfcb63f65d353f063f28","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":69,"starInvestorFlag":false},"themes":[{"themeId":"a66b6f332e2d44faacb86c0328b3c21c","categoryId":"7cf744760f454845a1870a05ea4e151d","name":"EV Companies and Industry DIG","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":a66b6f332e2d44faacb86c0328b3c21c}&rnconfig={\"headerBarHidden\": true}","description":"Join to become an EV Data/Company/ Industry Explorer to help your investings.","image":"https://community-static.tradeup.com/news/5932148bfb20dc0ed208f085322dc5b7"}],"images":[{"img":"https://community-static.tradeup.com/news/9cb72f3ff62733413715c58d7ec132a9","width":"750","height":"500"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/9cb72f3ff62733413715c58d7ec132a9","width":"750","height":"500"}],"html":"<html><head></head><body>How does Lucid justify a $14 billion market cap? Lucid only delivered 1404 vehicles last qtr. It has thousands sitting unsold. It's other production the gravity SUV is entering an even more competitive EV segment with limited number of buyers at the high price range. It has no plans for a charging network, no real plans to make $ in software, no plans to enter energy storage sector, and from Peter Rawlinson's comments no plans for a cheaper vehicle. At best lucid should match Aston Martin's $3.5b market cap. <a data-mention-id=\"LCID\" class=\"teditor-mention\" data-mention-name=\"Lucid Group Inc\" href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a> <img alt=\"Lucid Air Electric Car\" title=\"Lucid Air Electric Car\" src=\"https://community-static.tradeup.com/news/9cb72f3ff62733413715c58d7ec132a9\" tg-width=\"750\" tg-height=\"500\">Lucid Air Electric Car</body></html>","htmlText":"<html><head></head><body>How does Lucid justify a $14 billion market cap? Lucid only delivered 1404 vehicles last qtr. It has thousands sitting unsold. It's other production the gravity SUV is entering an even more competitive EV segment with limited number of buyers at the high price range. It has no plans for a charging network, no real plans to make $ in software, no plans to enter energy storage sector, and from Peter Rawlinson's comments no plans for a cheaper vehicle. At best lucid should match Aston Martin's $3.5b market cap. <a data-mention-id=\"LCID\" class=\"teditor-mention\" data-mention-name=\"Lucid Group Inc\" href=\"https://ttm.financial/S/LCID\">$Lucid Group Inc(LCID)$</a> <img alt=\"Lucid Air Electric Car\" title=\"Lucid Air Electric Car\" src=\"https://community-static.tradeup.com/news/9cb72f3ff62733413715c58d7ec132a9\" tg-width=\"750\" tg-height=\"500\">Lucid Air Electric Car</body></html>","text":"How does Lucid justify a $14 billion market cap? Lucid only delivered 1404 vehicles last qtr. It has thousands sitting unsold. It's other production the gravity SUV is entering an even more competitive EV segment with limited number of buyers at the high price range. It has no plans for a charging network, no real plans to make $ in software, no plans to enter energy storage sector, and from Peter Rawlinson's comments no plans for a cheaper vehicle. At best lucid should match Aston Martin's $3.5b market cap. $Lucid Group Inc(LCID)$ Lucid Air Electric Car","highlighted":1,"essential":1,"paper":1,"likeSize":29,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/211317373374480","repostId":0,"isVote":1,"tweetType":1,"viewCount":559,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["LCID"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":465,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/211317373374480"}