3 ms·
Yes Lucid Motors is at half the valuation and doesn't rely on only one customer who may not purchase any vehicles. I think this IPO will not go super well due t
by mrgordon 5y ago
Yes Lucid Motors is at half the valuation and doesn't rely on only one customer who may not purchase any vehicles. I think this IPO will not go super well due to the valuation and Lucid will ultimately benefit from the attention.
I'm surprised they didn't price a bit lower so they could guarantee a first day pop. At this price, many of the people I know who have loved Rivian for years will not be buyers. I'll be curious if there are enough others to support the valuation. I believe it will be the second most valuable car company after Tesla?
- wandering_rhino 5y agojust curious . what is lucid doing unique. they seem to be a straight copy of Tesla. any company going public through SPAC kind of indicates they just want to cash out on the current craze and may not offer long term value.
- lastofthemojito 5y agoLucid's drivetrain seems to be more efficient than Tesla's, to the point where some Tesla fans have assumed Lucid must be lying about their battery size: https://old.reddit.com/r/lucidmotors/comments/pq0xof/tesla_fans_are_in_disbelieve_over_lucid_air/ https://old.reddit.com/r/lucidmotors/comments/pq0xof/tesla_f... I guess we'll see for sure once these cars get torn down and analyzed by third parties, but Lucid's drivetrain tech does look fairly promising so far.