$CCIV - Lucid Air Reservations Top Half A Billion Dollars
@LucidMotorshttps://insideevs.com/news/490397/lucid-over-half-billion-dollars-reservations/amp/ …
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From $30k. But are we surprised that a company like ford has that many pre orders?
No I'm just presenting the facts. Ford has a single car with 190000 pre orders, lucid has multiple models with 7000 pre orders. Same market cap, Ford pays 5% dividend. Ford has billions in assets and lucid is just getting off the ground. Lucid has growing pains ahead. Dilution?
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Yeah ofcourse it will take time for lucid to grow, they're yet to deliver a single car. But who wants to own Ford shares lets be real?
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I think Ford's a better play ATM. I need to dig more into lucid but they have lots of growing pains. Probably 5-7 years before a profit, regardless of the pro formas.
End of conversation
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