$Lucid Group Inc(LCID)$ Hmm, was thinking. If Lucid hits its high number of 7,000 cars by year's end and the average car price is say $100,000, we're talking like $700M in revenue. That would be a HUGE increase in reveneus over Q3 of $195.5M. Increased revenues at this level of course means that it slows the cash burn and moves the company closer to profits, although profits aren't expected for awhile. Just saying, I believe this would be fantatic news and shows that the company is truly moving in the right direction. If they can continue to increase their production numbers Qtr to Qtr, increasing their revenues at the same time, that would be a huge plus. Don't see how this could be twisted as bad news ...please invest safe everybody.if you have any ideas please leave a comment below and we could discuss here, thank you so much guys~
Comments