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@WernerBilly:$Lucid Group Inc(LCID)$ 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?
$Lucid Group Inc(LCID)$ 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?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.