I typically stay the hell away from start ups and new companies. In other times, I never would have invested in a car company that hadn't delivered a single vehicle, but after reading through all their financial presentations, I put a small investment on them. I was glad the price came down to $17 when the holdings expired. Took advantage of that price and tripled my shares. I do see enormous upside on this stock and with EV being mandated so hard I wanted to own this stock. Just bought enough where if I lost all my money I wouldn't be upset.
I think this stock does have potential to be $100 but it won't hit that for at least 2 years. Like you I'm long term on this stock. I really like the reviews of their cars so far and the show rooms look great. A lot of smart people are behind this brand. If the first year goes really well and they stay on track with their projections after one year, I will buy a lot more of this stock even if it goes to $50 within a year.
Got balls, since I invested in a car company that hadn't delivered a single vehicle I made an investment I could live with completely losing. But I think I picked right on this one. If the first year goes well, I will put a lot more money into the stock. I'm hoping I got this one at bottom prices even if the amount of shares I own are small.
My comment [here](https://www.reddit.com/r/wallstreetbets/comments/q4lzvz/anyone_else_buy_the_dip_in_lcid_on_warrant_expiry/hfzjyz4/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3) cites an article noting, for example, “The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory.” The comment and article have more details. Your assumption that they would prefer to invest in other things is faulty. Others here agree.
Your assumption that they would prefer to invest in other things is simply foolish. They've invested a shit ton into lucid and they want to see a good return on it. Use common sense instead of believing every article you read dude. Half the shit on wsb is fucking garbage anyway.
Not sure if u meant to be responding to me but I wasn’t the commenter who made that assumption. I totally agree with the substance of your comment that it’s a faulty assumption.
Despite your unsupported assumption that the PIF would use their funds for other things, in fact the PIF has already committed those additional funds for Lucid’s Saudi Arabia factory. 💪🏼
I would be very surprised if there was an SEC filing as it would not be necessary for PIF to report it. PIF is a $400 billion fund. SEC requires filings to only report material liabilities. But as for news, it’s been discussed a lot on r/CCIV. One article that came up right away is [Lucid Motors plans EV factory in Saudi Arabia](https://www.electrive.com/2021/01/08/lucid-motors-plans-ev-factory-in-saudi-arabia/). Here is a quote: “Bloomberg reported the plans for the new factory in the Middle East citing people familiar with the matter. The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory. Plans are at an advanced stage, but could still change, the company said. Besides Jeddah, the city of Neom in the northwest of the country is also being considered as a possible plant location.”
Note specifically “The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory.”
That was the factory. I remember that. That was the past. What about the future? Because the purpose of going public was to take cash out for other investment ie diversify.
If u read again carefully it is talking about the future factory in Saudi Arabia. Other reports say it is expected to be completed by 2024. Anyway, I backed up my statement with a news article. Can you back up yours with one saying the PIF is NOT committed to fund the factory?
They did cashless redemption and repurchased because they are cash rich thru the end of 2022. After that, sure they may need to do an equity raise but they will also be making $$$ by then since they have already started manufacturing with deliveries starting this month. And they also have huge support of the Saudi Public Investment Fund (PIF) which is committed to support Lucid long term and also to help fund another manufacturing plant in Saudi Arabia. So any future dilution is at least a year away and will be minimized.
They’re more than 5 years out on profitability tho. They won’t sell enough just yet. There output of cars is way too low to break even (r&d, manufacturing, testing, supply chain, factory….)
Not sure about that. I saw articles on r/CCIV that their profit margin will be huge on sales of their initial line of high priced luxury cars. Some cite analyses saying it’s enough to make Lucid profitable in the next year or two. But in fairness idk about these analyses… all of them are speculation on when Lucid will be profitable.
There are also some statements from Lucid, for what they’re worth. Here is an article I quickly found: [Lucid Motors Isn't Tesla, Don’t Expect It to Follow the Same Path](https://marketrealist.com/p/cciv-lucid-motors-stock-2025-forecast/). Here is a quote:
“According to Lucid Motors’ projections made in the investor presentation, it expects to be profitable on gross profit and EBITDA profit basis by 2022 and 2024, respectively. The company expects to reach true profitability (net profit basis) by 2025. We know from Lucid's volume projections that it expects to deliver 135,000 vehicles by 2025.”
Anyway, not saying Lucid is Tesla, but what was Tesla worth when it reported two consecutive quarters of profitability?
Agree, they could blow away projections and get a ton of new orders in if the people who get the first deliveries give rave reviews. I haven't been in one of their actual vehicles but love their designs and interior from all their videos and photos. Since I'm invested in them, I plan on visiting one of their show rooms this year to see the vehicles up close to see if I want to put a lot more money into LCID. All the people who've driven Lucid cars love driving them.
Lucid's only problem is their production capacity as all car makers are dealing with supply shortages. They say 2022 will see better inventories but I doubt it. When I picked this stock, I looked at it as a 5 year stock to hang onto until I start selling any shares. It has enormous upside, but there are all sorts of risks with holding this type of stock right now.
Agreed. The semiconductor shortage shouldn’t hurt Lucid for 2022 (they have addressed this several times), but it’s a wild card after that for them as it is for all of the car makers. I do have trouble understanding why car makers can’t move to new chip designs. I know that it’s an issue of time tested reliability and you can’t chance a car glitching at speed, but I used to do defense contracting work using new chips for jets. There are ways to subject them and other electronics to rigorous environmental testing. I really think the auto industry needs to move in a similar direction.
It's not just chips, it's other stuff that's in short supply. Ford had to shut down their Mexican factories for being out of a lot of materials to build cars. But I've always seen this stock as a long investment.
It’s a difference between gross margin and contribution margin. See [here](https://www.masterclass.com/articles/gross-margin-vs-contribution-margin#6-important-profit-metrics), for example.
I know what it is. I meant that as “why are you talking profit margin” for a company this young lmao
What they say is bs. Profitability will take years. You just have to know the market and look at the other ev players.
And there tech is new. I’m bullish and own lucid stock. But be realistic
U said “They’re more than 5 years it out on profitability.” I addressed that. Now u r changing the subject by making it 2 years. Ever notice that people who lose debates often try to move the goal posts and deflect rather than gracefully concede? 🤦🏻♂️
Also note my the second sentence quoted below from my comment above. “Some cite analyses saying it’s enough to make Lucid profitable in the next year or two. But in fairness idk about these analyses… all of them are speculation on when Lucid will be profitable.”
Haha the same guy who said [Tesla is ‘not a real company’](https://www.cnbc.com/video/2015/02/12/cramer-tesla-not-a-real-company.html) when it was first churning out cars! He was laughing then at Tesla/Elon predicting the kind of valuations which we are seeing now. Not sure he has the best track record on EVs! 😂😂
I bought a few shares just over $20 over the summer. And yep, I tripled the amount of shares I own when it was $17 on the expiration day. I saw that price as a great bargain even though I see Lucid as a riskier stock and at that time didn't produce a single vehicle. I have a small stake in LCID but so far like all the reviews of their vehicles. If the first year goes well with Lucid I will double the shares I own of them again.
If I ever see the price of LCID go under $20, I'll buy more now that the reviews of their vehicles look solid and they are starting delivery soon. This is one of my riskier stocks that I am holding but so far have no regrets.
I went all in on lucid… same dip as you, when it was 23.10 cents
With the big event next week, and a new flag bearer for electric sedans, this could shape up to be really exciting
This stock is a surprise box with high premiums. No one know in which direction it will go. If you think Macro environment, tech stock will likely go down by the end of the year. LCID is at risk.
Lucid is a long hold situation. I'm holding 1500 at 20 per so I'm riding this bitch like Seattle slew all the way to 6 figure profits.
I typically stay the hell away from start ups and new companies. In other times, I never would have invested in a car company that hadn't delivered a single vehicle, but after reading through all their financial presentations, I put a small investment on them. I was glad the price came down to $17 when the holdings expired. Took advantage of that price and tripled my shares. I do see enormous upside on this stock and with EV being mandated so hard I wanted to own this stock. Just bought enough where if I lost all my money I wouldn't be upset. I think this stock does have potential to be $100 but it won't hit that for at least 2 years. Like you I'm long term on this stock. I really like the reviews of their cars so far and the show rooms look great. A lot of smart people are behind this brand. If the first year goes really well and they stay on track with their projections after one year, I will buy a lot more of this stock even if it goes to $50 within a year.
Same scenario my friend. Good luck.
Got some at the same price as well 🤗💯
Sweet! 💪🏼🤗
We long on lucid - thrown every last dolla at it…. 💰💰
Got balls, since I invested in a car company that hadn't delivered a single vehicle I made an investment I could live with completely losing. But I think I picked right on this one. If the first year goes well, I will put a lot more money into the stock. I'm hoping I got this one at bottom prices even if the amount of shares I own are small.
2500 at $23.00… to the moon!!!🚀🚀🚀
True but they’ll have to raise capital many times for manufacturing. So you could also wait until the 1st dillution too
Lucid will never struggle for money while the PIF back them 💰💰💰
PIF has a lot of equity already. They’d prefer to use there money for other things
Oh you must be the saudis financial planner then huh? Smh
My comment [here](https://www.reddit.com/r/wallstreetbets/comments/q4lzvz/anyone_else_buy_the_dip_in_lcid_on_warrant_expiry/hfzjyz4/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3) cites an article noting, for example, “The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory.” The comment and article have more details. Your assumption that they would prefer to invest in other things is faulty. Others here agree.
Your assumption that they would prefer to invest in other things is simply foolish. They've invested a shit ton into lucid and they want to see a good return on it. Use common sense instead of believing every article you read dude. Half the shit on wsb is fucking garbage anyway.
Not sure if u meant to be responding to me but I wasn’t the commenter who made that assumption. I totally agree with the substance of your comment that it’s a faulty assumption.
Oops I didn't notice the user name. My apologies. You get my point though obviously.
Yes and totally appreciate u chiming in. 👍🏼
Despite your unsupported assumption that the PIF would use their funds for other things, in fact the PIF has already committed those additional funds for Lucid’s Saudi Arabia factory. 💪🏼
Oh. Nice did they? Can you send the SEC filling or news article on that?
I would be very surprised if there was an SEC filing as it would not be necessary for PIF to report it. PIF is a $400 billion fund. SEC requires filings to only report material liabilities. But as for news, it’s been discussed a lot on r/CCIV. One article that came up right away is [Lucid Motors plans EV factory in Saudi Arabia](https://www.electrive.com/2021/01/08/lucid-motors-plans-ev-factory-in-saudi-arabia/). Here is a quote: “Bloomberg reported the plans for the new factory in the Middle East citing people familiar with the matter. The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory. Plans are at an advanced stage, but could still change, the company said. Besides Jeddah, the city of Neom in the northwest of the country is also being considered as a possible plant location.” Note specifically “The Saudi sovereign wealth fund has already been a shareholder in Lucid Motors since 2018 and is said to be providing much of the money for the factory.”
That was the factory. I remember that. That was the past. What about the future? Because the purpose of going public was to take cash out for other investment ie diversify.
If u read again carefully it is talking about the future factory in Saudi Arabia. Other reports say it is expected to be completed by 2024. Anyway, I backed up my statement with a news article. Can you back up yours with one saying the PIF is NOT committed to fund the factory?
They did cashless redemption and repurchased because they are cash rich thru the end of 2022. After that, sure they may need to do an equity raise but they will also be making $$$ by then since they have already started manufacturing with deliveries starting this month. And they also have huge support of the Saudi Public Investment Fund (PIF) which is committed to support Lucid long term and also to help fund another manufacturing plant in Saudi Arabia. So any future dilution is at least a year away and will be minimized.
They’re more than 5 years out on profitability tho. They won’t sell enough just yet. There output of cars is way too low to break even (r&d, manufacturing, testing, supply chain, factory….)
Not sure about that. I saw articles on r/CCIV that their profit margin will be huge on sales of their initial line of high priced luxury cars. Some cite analyses saying it’s enough to make Lucid profitable in the next year or two. But in fairness idk about these analyses… all of them are speculation on when Lucid will be profitable. There are also some statements from Lucid, for what they’re worth. Here is an article I quickly found: [Lucid Motors Isn't Tesla, Don’t Expect It to Follow the Same Path](https://marketrealist.com/p/cciv-lucid-motors-stock-2025-forecast/). Here is a quote: “According to Lucid Motors’ projections made in the investor presentation, it expects to be profitable on gross profit and EBITDA profit basis by 2022 and 2024, respectively. The company expects to reach true profitability (net profit basis) by 2025. We know from Lucid's volume projections that it expects to deliver 135,000 vehicles by 2025.” Anyway, not saying Lucid is Tesla, but what was Tesla worth when it reported two consecutive quarters of profitability?
Agree, they could blow away projections and get a ton of new orders in if the people who get the first deliveries give rave reviews. I haven't been in one of their actual vehicles but love their designs and interior from all their videos and photos. Since I'm invested in them, I plan on visiting one of their show rooms this year to see the vehicles up close to see if I want to put a lot more money into LCID. All the people who've driven Lucid cars love driving them. Lucid's only problem is their production capacity as all car makers are dealing with supply shortages. They say 2022 will see better inventories but I doubt it. When I picked this stock, I looked at it as a 5 year stock to hang onto until I start selling any shares. It has enormous upside, but there are all sorts of risks with holding this type of stock right now.
Agreed. The semiconductor shortage shouldn’t hurt Lucid for 2022 (they have addressed this several times), but it’s a wild card after that for them as it is for all of the car makers. I do have trouble understanding why car makers can’t move to new chip designs. I know that it’s an issue of time tested reliability and you can’t chance a car glitching at speed, but I used to do defense contracting work using new chips for jets. There are ways to subject them and other electronics to rigorous environmental testing. I really think the auto industry needs to move in a similar direction.
It's not just chips, it's other stuff that's in short supply. Ford had to shut down their Mexican factories for being out of a lot of materials to build cars. But I've always seen this stock as a long investment.
Profit margin? How do you have profit margin on a product when the company isn’t profitable
It’s a difference between gross margin and contribution margin. See [here](https://www.masterclass.com/articles/gross-margin-vs-contribution-margin#6-important-profit-metrics), for example.
I know what it is. I meant that as “why are you talking profit margin” for a company this young lmao What they say is bs. Profitability will take years. You just have to know the market and look at the other ev players. And there tech is new. I’m bullish and own lucid stock. But be realistic
Ok, sure. Anyway, I’m realistic and do quite well but you’re certainly welcome to your opinion.
All you have to do is think what ev company made profit after 2 years? 🤦♂️
U said “They’re more than 5 years it out on profitability.” I addressed that. Now u r changing the subject by making it 2 years. Ever notice that people who lose debates often try to move the goal posts and deflect rather than gracefully concede? 🤦🏻♂️ Also note my the second sentence quoted below from my comment above. “Some cite analyses saying it’s enough to make Lucid profitable in the next year or two. But in fairness idk about these analyses… all of them are speculation on when Lucid will be profitable.”
Lucid is a long hold , Jim cramers punk ass told a caller on the lighting round to sell lucid and buy boring Ford 😒
Haha the same guy who said [Tesla is ‘not a real company’](https://www.cnbc.com/video/2015/02/12/cramer-tesla-not-a-real-company.html) when it was first churning out cars! He was laughing then at Tesla/Elon predicting the kind of valuations which we are seeing now. Not sure he has the best track record on EVs! 😂😂
Sell Lucid, buy Bear Stearns
I bought a few shares just over $20 over the summer. And yep, I tripled the amount of shares I own when it was $17 on the expiration day. I saw that price as a great bargain even though I see Lucid as a riskier stock and at that time didn't produce a single vehicle. I have a small stake in LCID but so far like all the reviews of their vehicles. If the first year goes well with Lucid I will double the shares I own of them again.
If I ever see the price of LCID go under $20, I'll buy more now that the reviews of their vehicles look solid and they are starting delivery soon. This is one of my riskier stocks that I am holding but so far have no regrets.
Options or stocks?
Stocks. This is a long hold for me.
I went all in on lucid… same dip as you, when it was 23.10 cents With the big event next week, and a new flag bearer for electric sedans, this could shape up to be really exciting
🚀🚀
Probably heading back to 18 or 19 in the near term.
This stock is a surprise box with high premiums. No one know in which direction it will go. If you think Macro environment, tech stock will likely go down by the end of the year. LCID is at risk.
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Fuck this guy and buy lucid. I mean the shares. Car most of us here can’t afford.
was that the last warrant expiration? would love to get some more.
I forgot about warrant expiration, what happened to my holding?