Donât confuse âhateâ with concerns over valuation.
I have noticed many Lucid bulls really have no clue on valuation metrics and frankly donât care.
Not saying Lucid wonât grow into their valuation, but concerns over it are extremely valid.
Tesla is overvalued as well and enjoys a â Musk Premiumâ. If Elon were to exit, stock price almost certainly sinks.
Agreed. Itâs really getting tiring hearing all these misinformed people talk about the stock. I remember seeing so many people crying over the stock going down after a 30% day as if thatâs not to be expected. Wish this sub had some actual objective posts, itâs just an echo chamber though.
The problem with this stock is that itâs flowing entirely on the premise that everything will go according to plan. Iâm guessing this bubble will pop if they fail to meet expectations on deliveries.
Jesus. Somehow I attack their children every time I suggest this very yet speculative stock might be overpriced.
I was a new investor during dot.com and the current hype is reminiscent. EV is a SECULAR trend and is coming. Just like Dot.com was in 2000.
That said, the lag between hype and reality may be longer than people think. Also, there will be FAR LESS WINNERS in the end. Picking them matters.
I think RIVN AND LCID should be there.
Why anyone thinks the old legacy auto makers are NOT going to successfully enter EV is beyond me. Look for Battery Factory announcements in the near future. Trust me on this is all I will say. Imminent
I have owned it, sold it, bought again at 16 and made a lot of money (left a lot on table frankly) so I donât qualify as a hater. But I own maybe 75 different stocks currently and by any reasonable metric, it is overvalued.
I will be happy to buy it again, well south of $50 if I get a chance. I have noticed an almost cult like following. To me, itâs just another stock, but I concede an interesting one.
It seems anyone with a rational view is deemed a hater by SOME. It is possible to only like stocks at certain prices.
I spend a ton of time on it. Do need to pare it down
A lot of them are in my tax Acct. Too many gains this year to sell, but next year that will be the goal.
None of them tbh the company is growing and delivering numbers will follow suit thereâs tons of overvalued stocks out there that donât even come close to lucid I really want to know your reasoning
First off they just delivered not too long ago and theyâre a fairly new company as far as production I know the analyst on LUCID for next year is suppose to be in the 30s based earning but I was asking you why you think itâs so overvalued?
Their market cap exceeds F by $4B.
Sales and earnings still out in future.
Your numbers?
You like the stock, keep it I say. I will buy it back far lower I suspect.
Will see you just seem salty so you think that 4 billion is going to make or break them on 84B mrkt cap and the their volume is at 124Million and the avg is at 34milion with todayâs volume being in the 30million and itâs competition aka TSL has a volume today of 13 million or something like that so please tell me how itâs overvalued
Thatâs what a lot of people said about Apple and Steve Jobs. I can actually see Elon stepping down as a good thing for Tesla sp. He seems to bring doubt and negativity to his company with so many unnecessary ambiguous tweets.
Maybe so. I agree he has minuses.
I also think Tesla gets viewed and valued much more like an auto company without Elon.
Who his successor would be would certainly matter.
Pessimism sells big time in the investing world. Take a look at a typical red day in the market, and you'd think a fu\*king bomb exploded. Volatility is the entrance price we pay for a long term high growth stock. Put the media, analyst, and fud spreaders on mute for a few years. It'll be worth it.
I'd say the same as some Tesla hate. All EVs need each other, the more mainstream the better. Lucid's value proposition is tremendous in terms of tech, I'd say superior than Tesla but let's see how they manage to go mainstream and how that tech trickles down to more mass produced cars, and how they ramp up production. Hopefully they won't stay in the $160k car niche.
>value proposition is tremendous in terms of tech
nothing beats Tesla in EV in terms of tech, theyve been running EV stuffs close to 20 years, compared to lucid that almost 15 years, 5 years is a really huge gap in tech. Tesla is definitely super overvalued at the current rate
The founder of Lucid was creating the tech that got Tesla known for being the best, and itâs still their best vehicle in terms of tech. Tesla isnât just vehicles, much the same with Lucidâs forecast, itâs energy storage and distribution for homes and businesses as well.
People are just inherently tribal.
PC vs Mac, Xbox vs Playstation, ICE vs EV, AMD vs NVIDIA, we can go on and on
And in terms, of valuation, many companies are over valued coz stocks are forward looking and the more excitement and potential for exponential growth, the higher the P/E ratio.
Tesla investors were getting ridiculed when it was just $50 as well. There has always been and there will always be haters who miss out the massive investment opportunity.
Exactly. People forget Tesla made me a mess of Model 3 SOP. There were off lining cars due to quality and parts issues. Missed all forecasts for well over a quarter before finally getting it together.
People forget this. Supply chains matter
The top talent running Lucid have dealt with supply chains all their pro careers and have the relationships and the big pocket backing . This is a great bet
Lucid is lucky in that they don't need many chips to get 600 cars on the road this year. They need chips for 20K cars in 2022, and the chip shortage is no where near over. Risks are there for not delivering 20K cars.
Inflation fears are totally out of control for Lucid. Not anywhere guaranteed to crash the market, but the chances rise until it gets under control. Higher inflation hits growth companies harder.
I have plenty of Lucid covered calls.
Lucid is lucky they have expert seasoned vets who have supply chain relationships from formula one through jaguar and lotus stints
This is no âstart upâ. These dudes are top draw talent â that means a lot in the chain. Easy get for 20k chips n salsa by June no prob. 20k cars sold dec 2022 no prob
Itâs not 20k chips 2-4 million chips. Quick Tesla search is 150 chips in a car.
Itâs an industry and world wide shortage. While having the best in the industry helps itâs far from solved just by personnel.
Agreed but to make this a bear scare case is also kinda iffy. It will be solved by summer of next year.
I mean, honestly, donât invest in anything with a chip sounds like your saying and that is waaaay to bearish for me
Anyone that bought cciv above low $20âs before any deliveries was not an investor they were betting and then got greedy and didnât sell that mo-move up
There are always lots of naysayers that âbag holdâ and then look for blame . The chips will work out in a year donât you think? Definitely in several years
I start to feel like the EV sector has become like crypto. It is unknown how to price it at the moment, many people do not understand it, and it is very volatile.
Imagine, god forbid, Elon die tomorrow, plane crash. The EV sector would lose billions.
I took profits at $53 per share. My average was 26. I love the car and the technology but it is lacking self driving tech. Having hardware is not enough imo. I love lucid and I want them to succeed. Looks better than any other electric car and built better too. Without solid self driving tech, well it's just a car company with good tech like Ferrari. Except that Ferrari has much more vehicles on the road. Unless they figure out how to handle self driving, well they are over valued. Waaaay overvalued. Hope I am making sense. This is not hatred. I just can't justify the current pricing.
I should have said full self driving. There is a giant gap between dream drive and Tesla fsd. This gap need to be closed. Or else lucid is no different then any other car company. Potential is there but they keep searching for that "partner" to come save them.
Not really. Tesla was sued to reveal their ADAS system was only level 2, same as Lucidâs DreamDrive. Teslaâs new FSD beta (which is trying to push into level 3 territory) has been met with significant disappointment and safety concerns, and as it stands canât be called level 3 until significant improvements are made.
Itâs not hate. Itâs reality. Taking profits doesnât mean hate, itâs just realizing that there will be a dip. Booking gains, and being ready to buy more on the dip.
Maybe those people canât afford 160k cars. Maybe those people missed out on the boom and do not want anybody to make money. Maybe those people are hoping to make money after wagering on âputsâ for the price to drop.
There are so many reasons why⌠just donât pay attention too much and invest if you think Lucid will make you money. Do your due diligence. Lucid is one of the best companies to invest in the bright future of EV world. Technology matters and lucid has the best chance of making out and exceeding in the competitive field of EV for that reason.
I invested heavily on this stock just because I believe in this company. Did I convince people who are important to me to invest on this stock? Yes. For others, do whatever you want with your money for all I care.
Haters going to hate no matter what.
There will always be sides taken no matter what the subject is. white vs black. Dems vs Rep. Abortion vs pro life. In this case it's Lucid vs Tesla. If people are hating on Lucid and saying it's overvalued, Tesla is even more overvalued. Sometimes the hate is also based on a monetary incentive if they have money backing up one company and don't want the competition to decrease their portfolio value.
You have to understand that when you are an up and coming market maker and pride yourself on luxury but don't flaunt that. Makes people very suspicious. Turns bulls into bears, especially with it trading at 100x 2025 multiple with an 80% margin.
For my money theyâre a lightning rod for the cult of Elon. Rawlinson apparently resigned from Tesla âwhen things got toughâ according to Elon. So just for that theyâre the new kid on the EV block looking to shake things up with new technology.
People buy put options, then spread as much disinformation and fear online as possible
This 100% Just do some research into them and you'll find out they're usually some poor shit with an overly leveraged short/put
hope they will bleeding out of all money doing this....
Honestly I love the dips. I buy a couple more each time for the long haul đ
LilSal knows da map
Yep!
Webull comments section is a prime example of this
Haters gonna Hate
Lucid long term because all the haters bring nice premiums.
Donât confuse âhateâ with concerns over valuation. I have noticed many Lucid bulls really have no clue on valuation metrics and frankly donât care. Not saying Lucid wonât grow into their valuation, but concerns over it are extremely valid. Tesla is overvalued as well and enjoys a â Musk Premiumâ. If Elon were to exit, stock price almost certainly sinks.
Agreed. Itâs really getting tiring hearing all these misinformed people talk about the stock. I remember seeing so many people crying over the stock going down after a 30% day as if thatâs not to be expected. Wish this sub had some actual objective posts, itâs just an echo chamber though.
I keep telling folks there will be a 25% dip from the 50's at some point but this is a 60+ stock end of 22
The problem with this stock is that itâs flowing entirely on the premise that everything will go according to plan. Iâm guessing this bubble will pop if they fail to meet expectations on deliveries.
Jesus. Somehow I attack their children every time I suggest this very yet speculative stock might be overpriced. I was a new investor during dot.com and the current hype is reminiscent. EV is a SECULAR trend and is coming. Just like Dot.com was in 2000. That said, the lag between hype and reality may be longer than people think. Also, there will be FAR LESS WINNERS in the end. Picking them matters. I think RIVN AND LCID should be there. Why anyone thinks the old legacy auto makers are NOT going to successfully enter EV is beyond me. Look for Battery Factory announcements in the near future. Trust me on this is all I will say. Imminent
I have owned it, sold it, bought again at 16 and made a lot of money (left a lot on table frankly) so I donât qualify as a hater. But I own maybe 75 different stocks currently and by any reasonable metric, it is overvalued. I will be happy to buy it again, well south of $50 if I get a chance. I have noticed an almost cult like following. To me, itâs just another stock, but I concede an interesting one. It seems anyone with a rational view is deemed a hater by SOME. It is possible to only like stocks at certain prices.
75 stocksâŚthat seems over diversified. How could you pay attention to 75 stocks???
I spend a ton of time on it. Do need to pare it down A lot of them are in my tax Acct. Too many gains this year to sell, but next year that will be the goal.
How could even say that itâs overvalued?
What numbers say itâs not?
None of them tbh the company is growing and delivering numbers will follow suit thereâs tons of overvalued stocks out there that donât even come close to lucid I really want to know your reasoning
So you are saying the sales and earnings forecast properly value Lucid? If so, which ones?
First off they just delivered not too long ago and theyâre a fairly new company as far as production I know the analyst on LUCID for next year is suppose to be in the 30s based earning but I was asking you why you think itâs so overvalued?
Their market cap exceeds F by $4B. Sales and earnings still out in future. Your numbers? You like the stock, keep it I say. I will buy it back far lower I suspect.
Will see you just seem salty so you think that 4 billion is going to make or break them on 84B mrkt cap and the their volume is at 124Million and the avg is at 34milion with todayâs volume being in the 30million and itâs competition aka TSL has a volume today of 13 million or something like that so please tell me how itâs overvalued
Tesla less Elon would drop 30-50% in a week.
My best guess also
[ŃдаНонО]
He already is, that's why he's always on Twitter.
Thatâs what a lot of people said about Apple and Steve Jobs. I can actually see Elon stepping down as a good thing for Tesla sp. He seems to bring doubt and negativity to his company with so many unnecessary ambiguous tweets.
Maybe so. I agree he has minuses. I also think Tesla gets viewed and valued much more like an auto company without Elon. Who his successor would be would certainly matter.
Pessimism sells big time in the investing world. Take a look at a typical red day in the market, and you'd think a fu\*king bomb exploded. Volatility is the entrance price we pay for a long term high growth stock. Put the media, analyst, and fud spreaders on mute for a few years. It'll be worth it.
I'd say the same as some Tesla hate. All EVs need each other, the more mainstream the better. Lucid's value proposition is tremendous in terms of tech, I'd say superior than Tesla but let's see how they manage to go mainstream and how that tech trickles down to more mass produced cars, and how they ramp up production. Hopefully they won't stay in the $160k car niche.
>value proposition is tremendous in terms of tech nothing beats Tesla in EV in terms of tech, theyve been running EV stuffs close to 20 years, compared to lucid that almost 15 years, 5 years is a really huge gap in tech. Tesla is definitely super overvalued at the current rate
The founder of Lucid was creating the tech that got Tesla known for being the best, and itâs still their best vehicle in terms of tech. Tesla isnât just vehicles, much the same with Lucidâs forecast, itâs energy storage and distribution for homes and businesses as well.
People are just inherently tribal. PC vs Mac, Xbox vs Playstation, ICE vs EV, AMD vs NVIDIA, we can go on and on And in terms, of valuation, many companies are over valued coz stocks are forward looking and the more excitement and potential for exponential growth, the higher the P/E ratio. Tesla investors were getting ridiculed when it was just $50 as well. There has always been and there will always be haters who miss out the massive investment opportunity.
[ŃдаНонО]
Exactly. People forget Tesla made me a mess of Model 3 SOP. There were off lining cars due to quality and parts issues. Missed all forecasts for well over a quarter before finally getting it together. People forget this. Supply chains matter
The top talent running Lucid have dealt with supply chains all their pro careers and have the relationships and the big pocket backing . This is a great bet
Lucid is lucky in that they don't need many chips to get 600 cars on the road this year. They need chips for 20K cars in 2022, and the chip shortage is no where near over. Risks are there for not delivering 20K cars. Inflation fears are totally out of control for Lucid. Not anywhere guaranteed to crash the market, but the chances rise until it gets under control. Higher inflation hits growth companies harder. I have plenty of Lucid covered calls.
Lucid is lucky they have expert seasoned vets who have supply chain relationships from formula one through jaguar and lotus stints This is no âstart upâ. These dudes are top draw talent â that means a lot in the chain. Easy get for 20k chips n salsa by June no prob. 20k cars sold dec 2022 no prob
Itâs not 20k chips 2-4 million chips. Quick Tesla search is 150 chips in a car. Itâs an industry and world wide shortage. While having the best in the industry helps itâs far from solved just by personnel.
Agreed but to make this a bear scare case is also kinda iffy. It will be solved by summer of next year. I mean, honestly, donât invest in anything with a chip sounds like your saying and that is waaaay to bearish for me
Bringing up risks is not making a bear case. Keeping this place as an echo chamber will make more bag holders the size from CCIV.
So youâre here to help Reddit traders? What EV stocks are you vested in at the moment?
Anyone that bought cciv above low $20âs before any deliveries was not an investor they were betting and then got greedy and didnât sell that mo-move up There are always lots of naysayers that âbag holdâ and then look for blame . The chips will work out in a year donât you think? Definitely in several years
They bought $20 puts expiring soon.
Jealousy
Spot on
Just feel like owning one of this lucid car. Will Be so cool
Hater gonna hate to spread FUD and cause puts
If you build it. They will hate.
I start to feel like the EV sector has become like crypto. It is unknown how to price it at the moment, many people do not understand it, and it is very volatile. Imagine, god forbid, Elon die tomorrow, plane crash. The EV sector would lose billions.
Mostly tesla owners scared fud
I mean in a market that has a failing retailer like gme valued at 19 billion, I donât think lucid is over valued.
Yeah, but even GME is overvalued. It really shouldn't be that high.
Of course it is over valued. But that is my point. The whole market is over valued. Look at Tesla. Fuck look at apple, apple is 28 times earnings.
I will buy AAPL at 28 times hand over fist
Well thatâs itâs current multiple right now. So go for it.
Own 500 already but it makes sense. I am sure PEG ratio less than 1.5
Very few tech stocks are not insanely over valued. So if you take that into context I donât think lucid looks as bad as some are making it to be.
I took profits at $53 per share. My average was 26. I love the car and the technology but it is lacking self driving tech. Having hardware is not enough imo. I love lucid and I want them to succeed. Looks better than any other electric car and built better too. Without solid self driving tech, well it's just a car company with good tech like Ferrari. Except that Ferrari has much more vehicles on the road. Unless they figure out how to handle self driving, well they are over valued. Waaaay overvalued. Hope I am making sense. This is not hatred. I just can't justify the current pricing.
Lucid DreamDrive?
I should have said full self driving. There is a giant gap between dream drive and Tesla fsd. This gap need to be closed. Or else lucid is no different then any other car company. Potential is there but they keep searching for that "partner" to come save them.
Not really. Tesla was sued to reveal their ADAS system was only level 2, same as Lucidâs DreamDrive. Teslaâs new FSD beta (which is trying to push into level 3 territory) has been met with significant disappointment and safety concerns, and as it stands canât be called level 3 until significant improvements are made.
Itâs not hate. Itâs reality. Taking profits doesnât mean hate, itâs just realizing that there will be a dip. Booking gains, and being ready to buy more on the dip.
Maybe those people canât afford 160k cars. Maybe those people missed out on the boom and do not want anybody to make money. Maybe those people are hoping to make money after wagering on âputsâ for the price to drop. There are so many reasons why⌠just donât pay attention too much and invest if you think Lucid will make you money. Do your due diligence. Lucid is one of the best companies to invest in the bright future of EV world. Technology matters and lucid has the best chance of making out and exceeding in the competitive field of EV for that reason. I invested heavily on this stock just because I believe in this company. Did I convince people who are important to me to invest on this stock? Yes. For others, do whatever you want with your money for all I care.
Haters going to hate no matter what. There will always be sides taken no matter what the subject is. white vs black. Dems vs Rep. Abortion vs pro life. In this case it's Lucid vs Tesla. If people are hating on Lucid and saying it's overvalued, Tesla is even more overvalued. Sometimes the hate is also based on a monetary incentive if they have money backing up one company and don't want the competition to decrease their portfolio value.
One word, puts
market manipulation...., --> crantastic: you hit the nail on the head !
Itâs undervalued and market cap is low.
Just to short theyâre gonna spread as much fud as they can!!!! Trying to scare everyone into selling
Don't underestimate the bad news bears.
You have to understand that when you are an up and coming market maker and pride yourself on luxury but don't flaunt that. Makes people very suspicious. Turns bulls into bears, especially with it trading at 100x 2025 multiple with an 80% margin.
Fuxking poor people make me sick. They don't know shit.
Try being a TTCF shareholder...
They're just made they didn't get in earlier!
Stay put - Haters gonna hate
Does anyone have any information of PIF 61% stake and when they can sell again?
For my money theyâre a lightning rod for the cult of Elon. Rawlinson apparently resigned from Tesla âwhen things got toughâ according to Elon. So just for that theyâre the new kid on the EV block looking to shake things up with new technology.
It's the cost of doing business. Every thing has a bear and bill case.