Will Lucid Motors be the next Tesla?

llynnnie
2021-09-17

Lucid Motors, known as the Ferrari of the electric vehicle, said on Thursday that the Dream Edition Range version of its luxury
electric car Lucid Air has been recognized by the U.S. Environmental Protection Agency as the longest range electric car so far. It can travel 520 miles（836 kilometers) when fully charged.

Lucid Group, Inc. is an American electric car manufacturer headquartered in Newark, California. Lucid's other divisions include energy storage and original equipment manufacturing.

Driven by this news, Lucid's stock price rose 6.33% on Thursday to close at $21.17.

As of now, the comparison between Tesla and Lucid stock prices is as follows:

Would you hurry to get Lucid now? Maybe it will become the next Tesla. 

As for price, Lucid Air's Dream Edition version far exceeds Tesla's best models, but the price is also much higher, reaching 169,000 USD, while the Model S is priced at 90,000 USD.

Therefore, some netizens are not optimistic about Lucid, "In the United States, what car can't be bought at $170k?", "aedc battery life is unstable" and so on. Some netizens even said, "You can buy three Teslas at $170k , and you can run 900+ miles on a single charge."

What do you think of Lucid?

voteWill Lucid be the next Tesla?(Single choice)
101 people voted· Ended

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.

Report

Comment（14）

  • Top
  • Latest
  • mark01bravz
    ·2021-09-20
    production is not even kicked in yet. vehicle delivery zero for now. Whether lucid will showcase that it is the next Tesla will depend on these 2 factors.
    Reply
    Report
    Fold Replies
    • llynnnieReplying tomark01bravz: 
      good question! I really want to know who is the owner of lucid!
      2021-09-22
      Reply
      Report
    • llynnnie: 
      Even though Peter Rawlinson comes to luci….
      2021-09-22
      Reply
      Report
    • mark01bravzReplying tollynnnie: 
      so what is lucid's total addressable market ?
      2021-09-22
      Reply
      Report
    View more 2 comments
  • kairen
    ·2021-09-17
    If you follow lucid since 2016/17, you'll know lucid is over promising customers. Don't compare lucid to ferrari, they're not even close in terms of quality.
    Reply
    Report
    Fold Replies
    • llynnnie: 
      lol，European auto makers with long history and technique. Lucid is impossible to surpass any of them. I really want to know who will be the owner of Lucid[得意]
      2021-09-18
      Reply
      Report
    • kairen: 
      Luxury ev market is gonna be filled with German auto makers, I'll take Mercedes EQS over lucid any day. Lucid is overhyped imo.
      2021-09-17
      Reply
      Report
  • Frosty4ever
    ·2021-09-17
    they don't have anyone remotely close to Elon.
    Reply
    Report
    Fold Replies
    • llynnnie: 
      Fully agree with you！
      2021-09-18
      Reply
      Report
  • Frosty4ever
    ·2021-09-23
    $Lucid Group Inc(LCID)$ promises a lot.   can't compare when cars aren't delivered.  what about  profitablity.  lucid doesn't have scale.  too early
    Reply
    Report
  • Huehuehue
    ·2021-09-20
    Hardly
    Reply
    Report
    Fold Replies
    • llynnnie: 
      yeah, it is the truth
      2021-09-22
      Reply
      Report