Old Bull Run 跑吧 老牛
05-01
$Lucid Group Inc(LCID)$ Lucid Motors faces a challenging year in 2025 as it scales production expand vehicle lineup, and navigate financial challenges. While Lucid's long term goal has always been to challenge Tesla's dominance in the electric market, the company has to overcome short and mid term challenges first.


One big reason for optimism is that deliveries shot up 71% in 2024 compared to the year before, hitting 10,241 cars delivered.

This year, Lucid is also expanding its offerings with the introduction of the Gravity SUV, its first electric SUV model.

Financially, Lucid continues to face challenges. The company reported a net loss of $3.06 billion for 2024, despite a 50% increase in revenue to $234.5 million in the fourth quarter.

But the main factor for Lucid continued survival 
in such turbulent markets is Saudi Arabia’s Public Investment Fund (PIF)’s instrumental support for Lucid’s growth. Over the years, PIF has invested billions into Lucid. Notably, in 2024, PIF committed an additional $1.5 billion.

With the support from PIF, Lucid need not worry so much about its finances. In 2026, the company expects to begin launching several new mass market vehicles with price points under $50,000. This would unlock millions of new potential buyers, just like what Tesla achieved when it launched its affordable Model Y and Model 3 vehicles. If Tesla's historical sales trajectory is any indication, Lucid could keep its rapid sales growth pace sustained for several more years. 


Modified in.05-01
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Comments

  • Venus Reade
    05-02
    Venus Reade
    Selling other stocks and going all in on Lucid; and staying long for at least 5-6yrs!
  • Mortimer Arthur
    05-02
    Mortimer Arthur
    Will lucid hit 3 by the end of the week
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