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    Lucid to trim workforce by 6%

    Supposedly leadership and middle management bands.
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    Guess the name of this project or the name of the future car...

    The "Earth" is perfect for everyone. Fun for the whole family. I love my Earth.
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    Lucid posts quarterly revenue beat as luxury EV sedan price cuts boost sales

    I find it nonsensical to dismiss anyone's point with "nobody knows anything" to follow up with a claim that "The market is efficient." We've seen enough to argue that the market can often be emotional and erratic. Highly efficient markets require more perfect information, but deception is...
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    Lucid posts quarterly revenue beat as luxury EV sedan price cuts boost sales

    We should also back out the stock-based compensation. This seems reasonable considering that the short investors purport the value is much less. The improved trend is probably a result of prior period finished inventory write-downs. (Q4 2023)
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    Lucid produced 1,728 vehicles and delivered 1,967 vehicles during this period

    Many people like the car but are concerned about being stuck like recent Fisker purchasers. If all goes well, many leases will be converted. Only time will tell.
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    Selling My Lucid

    Price?
  7. C

    7500 EV tax credit update with new bill

    Yeah, you misunderstood the likelihood of 30k lucid customers getting their cars by the end of the year. lol
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    [URGENT] $7500 credit for current reservation holders

    In General, we lose. But by Exception, we win.
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    [URGENT] $7500 credit for current reservation holders

    Yeah, its the "limited damages" stipulation and whether or not that is an issue. Not updated information is not completely clear.
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    [URGENT] $7500 credit for current reservation holders

    "In general, a written contract is binding if it is enforceable under State law and does not limit damages to a specified amount." Here is another, but unlikely, possibility for whether or not the IRS wants to enforce or allow the credit. Nothing here is 100% certain.
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    [URGENT] $7500 credit for current reservation holders

    Likely there will be a yes/no checkbox on the new EV tax credit form. Followed by a "skip below and enter amount on line...."
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    [URGENT] $7500 credit for current reservation holders

    Best just wait to see what the "form and manner" turns out to be.
  13. C

    7500 EV tax credit update with new bill

    I wonder if your production que position is based on confirmation date/time in any way? Waiting a few hours today to confirm could cost you months to receive the car, lol.
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    [URGENT] $7500 credit for current reservation holders

    The way I look at it is, if I never see my Pure, there are a whole lot more bad things happening to many other people. $300 is a lot less risk than almost anything else worth the time to think about.
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    7500 EV tax credit update with new bill

    Confirmed. $70k after credit Air Pure is a screaming deal.
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    7500 EV tax credit update with new bill

    Companies will seek to maximize EBIT - income taxes are widely irrelevant outside of shareholder returns.
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    Air Pure reservations

    Is it clear if the new credit proposal only applies to after the initial 200k produced? Maybe the original $7500 credit still applies to the first 200k vehicles and the new proposal is only for after 200k produced? That would make a whole lot more sense.
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