Lucid Group Inc (LCID) Options

(PR) Canadian Pricing Announced for the Highly Anticipated Lucid Gravity SUV
8:00 AM ET 1/16/25 | Dow Jones
Canadian Pricing Announced for the Highly Anticipated Lucid Gravity SUV

PR Newswire

NEWARK, Calif., Jan. 16, 2025

Lucid Gravity Touring will start at $113,500(1) CDN with Grand Touring starting at $134,500(1) CDN

NEWARK, Calif., Jan. 16, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Canadian pricing for the groundbreaking Lucid Gravity SUV. The Lucid Gravity Touring will be priced from $113,500(1) CDN, while the Lucid Gravity Grand Touring will start at $134,500(1) CDN. Orders for the Lucid Gravity Grand Touring model, offering 828 horsepower and a projected range surpassing 720 kilometres(2) , will open for Canadian customers soon, with the Lucid Gravity Touring added to the model lineup in late 2025.

Funny, the New York Times is a joke. Remember they voted Schumer into office and Elected Hilary Clinton as a Senator. What a joke. 

Trump Wants to Kill the E.V. Tax Credit. https://www.nytimes.com/2024/11/15/climate/electric-vehicles-trump-tax-credit.html Here’s What to Know. $LCID

At a CES Show, you showcase your products.

You don’t need to bash the potential competition.

Many articles make the point that quantum computing is a threat to Nvidia's future. If he can damage the funding opportunities for them, then it extends his company's reign. Crappy as it is for quantum shareholders, as a CEO that is an excellent move on his part.

The problem we have is that the words of a select few unscrupulous mega-billionares has overweighted and unhealthy influence on the markets and the world.

NVDA is up 610923.70% since going public in 1999. That is 610251.05% better than SPX (672.65%). That is 39.87% annualized compared to 8.19% for SPX. Huang has been the CEO for the entire period.

I am going to give him the benefit of the doubt.

Jensen Huang shouldn't be allowed to open his mouth. A lot of folks put him on a pedestal. His comments caused a lot of pain today. Especially with Quantum Computing stocks. 

Lucid was mentioned by Nvidia CEO Jensen Huang at CES.

Don't forget, UK isn't just Britain, Wales, Scotland and Ireland. It includes Australia and New Zealand also. 

Nice plug (no pun) to see SoundHound, give Lucid praise for being the World's most "Advanced" EV maker. 

Maybe they have finally worked out the initial major production hurdles and can start turning up the rate dials.

Nice! LUCID delivered 10,241 vehicles in 2024. Volume production up from here. Just saw where UK exceeding Germany in EV sales. Go LUCID!!

Soundhound partners with Lucid:

https://investors.soundhound.com/news-releases/news-release-details/soundhound-ai-and-lucid-motors-bring-vehicle-voice-assistant

It is only a matter of time before Elon steps too heavily on Donald's toes, and incurs his wrath. Lucid will be the benefactor.

Is 2025 the year for Lucid?

In list of most active: LCID $3.305 +3.28% 104,177 trades, 122,783,339 volume

There are so many Puts being bought, I'm wondering what side of history should I be on in this Elon Driven Economy 

lcid.....................https://stockcharts.com/h-sc/ui?s=lcid&p=W&b=5&g=0&id=p86431144783

A rising tide lifts all boats. If Musk convinces Trump that EV is good, then we are in for a high tide.

PT 12$

LCID........................https://stockcharts.com/h-sc/ui?s=LCID&p=W&b=5&g=0&id=p86431144783

FYI - new position holder.

Next stop $4.

Ding Dong Going Long
Set the Burn for the Huge Return
Not cashing in Soon, expecting the Moon

Took a position today. Think it’s ready to breakout.

I expect that the Saudi-produced versions will be exported to Europe, per their tariff agreements, which should be more favorable, since they still have oil as a bargaining chip.

New administration will cozy up with Saudis again and should love that Lucid is manufactured in the U.S.

Except for the ones that are manufactured in Saudi Arabia

New administration will cut funding for EV economy. Musk will survive and so will Lucid, if Saudis continue backing.

New administration will cozy up with Saudis again and should love that Lucid is manufactured in the U.S.

Ofc tariff wars will mean cost of materials to build will go up and the foreign purchase of a Lucid will cost more, as they charge revenge tariffs for exported vehicles.

Car & Driver; I know older article. Pretty cool though to get top billing.
https://www.caranddriver.com/features/g32634624/ev-longest-driving-range/

Especially attractive when you compare the Lucid AIR price tag with the Mercedes price tag.

Investment funds have been buying into Lucid. Despite the laws, they always have the inside scoop.

Any predictions for next week's share price? Will we see $4? Could happen...

That's got to be a Great feeling to drive the first Gravity from the assembly line. Kind of like Henry Ford and the first Model T. Up from here. Let's hope they don't run out of parts. 

how long before the Saudis start giving the Trump crew Lucid vehicles to drive around?

CEOs resigning left and right. Just surprise announcements for Stellantis and Intel, with no transition plans in place. Shown the door. Is Rawlinson next?

The Lucid Yahoo message board is ludicrous. So many Spammers and Yahoo can't or won't do anything about it. It used to be a fairly popular platform for investors, not anymore. 

I'm holding, IMHO Lucid should have some traction when they begin filling orders for "Gravity" At least that's what I'm waiting for to happen. 

Possibly. I would hope that the added production facilities are working prototype line for smaller version, in parallel with Gravity LRIP.

Probably margin related. Make more money with Gravity and may be more in common with Air for production line savings

I do not understand the Gravity release preceeding the smaller version. It seems a direct competitor to the Tesla 3 would have made more sense, from a revenue generating standpoint.

I simply like the car, its lines, quality and performance all speak quality to me. Tesla, although groundbreaking and a nice product, does not turn my head. I'm in Lucid because it does.

A well reasoned response.

I believe the U.S. will increase oil production and net exports under the new administration. That should initially drive fuel prices down, until it forces the OPEC+ nations to restrict supply, in an attempt to drive prices back up.

Tensions within the Middle East will continue to rise, until some cataclysmic event, or miraculous peace accord, causes a huge shift in world markets.

In a distant EV future, petroleum lubricants will still be required within the drivetrain of EV, (bearings and rotating parts). Since use as a fuel will diminish, the price of lubricants will surely rise, in order to cover lost revenue from fuel production.

I see the PIF investment as a hedge against the eventual fall of their oil empire dominance. They have the capital to see this enterprise through to mass production and they would most likely decline any kind of merger/acquisition from Musk, but if the price is right, maybe.

Lucid Motors has significant backing from the Public Investment Fund (PIF) of Saudi Arabia, which holds a majority stake in the company. This relationship complicates any potential acquisition, as the PIF's strategic interests may not align with a sale to Tesla. Additionally, Lucid has been expanding its operations, including plans for a manufacturing facility in Saudi Arabia, further entrenching its ties with the PIF.

Given these complexities, even if Tesla deemed the acquisition advantageous, executing such a deal would be challenging due to Lucid's existing commitments and ownership structure.
Even if Elon wanted to buy Lucid with his personal private funds he would still need approval from Lucid Motors' board of directors and its shareholders and the PIF. Is this plausible, sure, likely? nope.

Which Is Better?
Determining superiority depends on individual preferences and priorities:
Performance and Range: Lucid's Air models offer higher performance and longer range in certain configurations.
Infrastructure and Experience: Tesla's established charging network and broader vehicle lineup provide convenience and versatility.
Brand Maturity: Tesla's longer market presence may appeal to those valuing a proven track record.
Both manufacturers excel in different areas, and the choice between them should align with the investors specific goals and preferences.

With a market cap of $6B, Musk could use petty cash to acquire this company. Why doesn't he just buy it for the technology? Thoughts?

Maybe Musk will get a trump to allow Tesla merger, so he can acquire Lucid's better technology.

He would make the merged company more efficient and get the Saudi PIF out of the EV business.

New lows coming

Zill, actually I used to ride a company subsidized vanpool to work 60+ miles one way. Since COVID, things have changed. Most people are telecommuting, working from home. That's about to end. People are not happy about driving 50-60 miles one way, fighting the traffic snarls on an overcrowded freeway. The stress levels are intense and increasing. I like the idea of EVs as I work at a Nuclear Power Plant. 3 things I see happening. The AI craze and buildout, EV usage increasing and (3) These two things alone will drive electricity demand way up so, we will require more electric generation. It's inevitable. So, three sectors to invest in going forward; AI, EVs and Electric Utilities. What's cool about Utilities is they pay a dividend. Very important when you consider people who are retired are usually on a fixed income. 

WHOA!!! Today LCID has been upgraded by R. F. Lafferty as a buy at 4.0 Somebody is willing to be the first.

If your are just commuting back and forth, than it should not be an issue. Of course thats assuming your total commute is less than 200+ miles per day. If you have a Level 2 charger, ~240 Volts AC, than it's surely a non issue. Currently commuting and needing to charge at home every few days or so...and thats during the Alaska winter!

Maybe you are right

I currently drive a 6.7L Turbocharged Diesel that gets 21 + mpg. It's my commuter vehicle. I would love to get an EV. As there's hardly any upkeep. No fuel, no oil changes, no greasing driveline, no differential fluids, no transmission flushes. Recharging (electricity) is cheaper than fossil fuels. Only issue is charging stations (infrastructure).