Lucid Explains Path To Profitability

[johnreed]

I’ve been slowly converting into Lucid EV enthusiast from Tesla EV enthusiast.
Elon Musk is distracted in politics and he’s not as passionate about EVs as he used to be.

[jakeacim]

❤ Lucid. Can't wait for their mid size vehicles.

[MrAndyb]

The dollars that Lucid Motors are haemorrhaging every month has nothing to do with cost of the vehicle. As Rawlinson demonstrated the costs are down to building out the infrastructure, 3 new factories and hundreds of robots and other machinery which is necessary to build to scale. The Air is comparatively cheaper to produce than rival vehicles (Mercedes, BMW, , Audi, Porsche) because of Lucid's smaller lighter drivetrain and battery.

[Jeez]

You can start by not giving 300 million in compensation 😂

[jorgecintron]

Sign me up for the Lucid convertible!! That would be incredible!

[Miata]

If Lucid does achieve its goal of 6 mile/kWh with the upcoming smaller vehicle it could get the 330 mile range rating you mention with a 55 kWh usable battery pack. Today Lucid's full size RWD Air Pure (the version that gets 5 mile/kWh) is rated at 410 miles of range using 82 kWh of its 84 kWh pack. That's more range than a Model S while using a 20% smaller battery for a lower starting price. It's important to remember that all of the comparisons that Peter made in the video (and I make here) are based on the EPA range rating for each vehicle. Just like EPA gas mileage ratings, it requires ideal conditions to meet those numbers. As they used to say, YMMV

[briansherwood]

I really want a Gravity, but only if it has NACS, and can use Tesla superchargers with > 200 kW. It is by far the roomiest 7 seater.

[MrAndyb]

Rawlinson did say that the Gravity can add 200 miles range in 15 minutes with the NACS port..

[SKD_]

Waiting for their mid size as i can’t afford others 😀

[yousefalhashan]

Lucid is Apple for EVs. Don’t miss this opportunity.

[deej]

Hey Drew what do you do think about this deal? 22 long range awd, blue with white int, acceleration boost, 1 owner ~25k miles for $28, 820. Might grab it this weekend! Confirmed it’s got Ryzen and heat pump. Thanks man love your content!

[samikamal]

LET'S LUCID🏆🏁 FAMILY🙋‍♂️♥️ WOOHOO! 😁🥳🥳🥳🥳🎇🎆🎇🎆🎇🎆🙌💎💎💎💎 KEEP ADDING ON TO YOUR LUCID POSITIONS EVERYONE STAY FOCUSED BE DISCIPLINE HARD WORK DEDICATION GOONIES NEVER SAY DIE!🫡💯🚀🚀🚀🚀🌕

[Victic]

It's easy to talk about it. we'll see if anything can come out of it

[JustWastedHoursHere]

I don't think there's ever been any doubt that Lucid's product and technology are impressive and good looking, but they can't continue to exist without turning a profit forever. I hope they can stay in business long enough to be self-sufficient.

[warrenhooper]

Peter R. is a genius. Love the convertible.

[thedownwardmachine]

After Lucid made that deal with Aston Martin, it occurred to me they might simply become an EV R&D and tech licensing company that just happens to also make cars.

[mrgeebennett]

I'm actually feel lucky that I am an investor in Lucid. They are the world leaders in EV tech. It's just a matter of time before more legacy automakers adopt Lucid tech. Volume will come with huge sales of Gravity. Then the 3 models for a mid-size will lead to profitability for Lucid. By late 2027 I expect Lucid to be at least $100/share and growing. I watched yesterdays presentation and was just in awe of what they have produced, their direction and vision. They are such an aspirational company. I look forward to every development they make.

[wilber]

Gee, I dont think Peter said the Gravity would convert to NACS at the start of 2025. I think he was purposely vague by saying 'in 2025'.

[markmedley]

The need to make super cars for the ultra-rich. Like Ferrari. Stay out of the affordable car for the masses until they are profitable.

[DanDeGaston]

My guess, The Atlas Drive unit is the front motor in the AWD motors on Air and Gravity. But I really don't know, I just know the front motors need far less power and torque than the back.