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...] Not sure what they are doing. Can’t use being new as an excuse, as Rivian executes on software really well and is also a startup. [...
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment...electrek.co
Lucid (LCID) gets another $1 billion investment as it prepares to launch Gravity electric SUV
EV startup Lucid (LCID) just received another $1 billion investment from Saudi Public Investment Fund (PIF) affiliate Ayar Third Investment...electrek.co
(Checks calculator). The numbers check out. It's probably just a bonus for Rawlinson.So another quarter and a few weeks.
So another quarter and a few weeks.
About 20 weeks. If all else remains the same.
It was not uncommon for Tesla to have several capital raises per year before Model X launch. Even afterward.
Sure not uncommon, but why such a small amount? Only adding one quarter of runway? Do they really think they are going to turn things around that quickly? Or is that all they could get right now?About 20 weeks. If all else remains the same.
It was not uncommon for Tesla to have several capital raises per year before Model X launch. Even afterward.
Perhaps they judged that the existing investors would be spooked by a large dilution of their holdings if the PIF made a much larger investment. Maybe better to boil that frog one small dilution at a time.Sure not uncommon, but why such a small amount? Only adding one quarter of runway? Do they really think they are going to turn things around that quickly? Or is that all they could get right now?
The R1S?? I think they are selling fine, it’s the R1T they are having trouble with.Yeah, I just wonder how successful the Gravity will be. The Gravity can be the second coming of Jesus but the market seems to be saturated. Rivian seems to be struggling moving the R1S and The Ioniq 9 is about to come out and Volvo EX90.
The R1S?? I think they are selling fine, it’s the R1T they are having trouble with.
the way Fisker is going down should raise serious concerns for any potential lucid buyer... lucid is next. Saudis know better than to keep throwing good money after bad
Production is way down QoQ, almost 30%. On the other hand deliveries were at an all time high. (Maybe the vehicles that have been in transit to Europe/etc. were finally delivered.)
Days of supply have come down, but is still really high:
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