LeeSJ
2022-02-20

$Lucid Group Inc(LCID)$ From its peak of 57.75, it has dropped about 46% to 26.59. This has a pretty similar downtrend as per $NIO Inc.(NIO)$. Nio has made more than 100,000 cars, Lucid is still way below it. Hence, it is hard to compare it to Nio and conclude that Lucid is undervalued.

Are you looking to add some positions in $Lucid Group Inc(LCID)$ ? I wrote a put at 22 last week. 

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Comments

  • wubbix
    2022-02-21
    wubbix
    Lucid's current market value is 43.8 billion US dollars. What is the output? When Tesla's market value is 40 billion US dollars, its annual output is close to 100,000 vehicles.
    • LeeSJ: 
      Haha, a pretty good gauge to measure lucid though
  • cheeryk
    2022-02-21
    cheeryk
    As far as the electric vehicle industry is concerned, only Tesla has achieved profitability in mass production. If you want to invest, you can only choose Tesla.
    • LeeSJ: 
      Tsla PE is too high despite so far it is able to generate profit.
  • glintzi
    2022-02-21
    glintzi
    That's right. It is not too late to consider the investment problem after solving the mass production problem.
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