Lucid Group Inc LCID

Consumer Cyclical Auto Manufacturers

Lucid Group, Inc. is a technology company. The Company is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. The Lucid Air is manufactured at its greenfield EV manufacturing facility in Casa Grande, Arizona, Advanced Manufacturing Plant-1 (AMP-1). It owns and operates a vehicle service network comprised of service centers in metropolitan areas and a fleet of mobile service vehicles.

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Lucid Group Inc

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Post by TradeLoom203on Nov 26, 2024 4:16am

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Post# 36330487

Tesla Comparisons Are Tired—Lucid Needs Its Own Narrative

I’m so over every $LCID conversation turning into a Tesla comparison. They’re not the same—different markets, different strategies. Lucid’s strength is premium EVs and cutting-edge tech, but they need to own that niche without chasing Tesla’s scale. If Gravity flops, it’s game over, but if it hits, they could carve out a luxury EV moat. Anyone else think Tesla comparisons are holding them back?

By the way, keeping an eye on $BOLT. There's buzz it might surge soon.

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