$Lucid Group Inc(LCID)$ Can someone explain exactly how Lucid ever becomes meaningfully profitable? As of 9/30/22, Lucid had 1.7 bill shs o/s. Lucid seems to have limited production now and no plans on becoming a mass producer of BEVs. Even if Lucid was able to eek out a tiny profit, after spread over 1.7 bill shares, the eps would be meaningless. Even if Lucid earned $100 mill in profit, on 1.7 bill shs, the eps would only be .06/sh. So how exactly is Lucid stock even investable?
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I'm holding some, and looks like I be holding on for sometime to the right price comes.
Ok