Lucid Air
#151
Lexus Test Driver
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They seem to address the luxury aspect that Tesla lacks but my main fear is that it doesn't have the brand power to compete. It sure does look like they have very very nice cars though.
#152
EV ftw!!!
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I personally own Lucid stock, a fair bit of it in fact it's my yolo investment I'm prepared to lose some if not all of it. As Tesla found out making prototypes is relatively easy making cars en masse is extremely difficult. On the surface Lucid has all their ducks in a row, a smart CEO (former Tesla guy), a legit factory, a whole bunch of employees (good or bad?) and they appear to have the technology. But their claims of 500+ mile range, over 1000hp, best aerodynamics etc. teeter on the being too good to be true. Lucid claims mass (albeit low) production this year 577 vehicles total. Essentially CEO/CTO Peter Rawlinson claims they have Tesla beat on every metric. Lucid currently has 11,000 reservations for the Air.
So what do you think? Will Lucid deliver on their promise? Am I crazy to own Lucid shares? Or will they follow Lordstown and Nikola and end being masters of vaporware.
Here is a bear case for Lucid , I didn't find much in the way of bull cases outside of mostly speculation. Lucid has currently sold zero vehicles, dream edition of the Air will be first to (apparently) hit the market at $169,000.
So what do you think? Will Lucid deliver on their promise? Am I crazy to own Lucid shares? Or will they follow Lordstown and Nikola and end being masters of vaporware.
Here is a bear case for Lucid , I didn't find much in the way of bull cases outside of mostly speculation. Lucid has currently sold zero vehicles, dream edition of the Air will be first to (apparently) hit the market at $169,000.
I don't own any Lucid stock, but have Tesla stock and even though I don't own a lot of it, it has yielded pretty good returns so far.
Let's see how Lucid fares in this cut-throat business!
Last edited by Hameed; 07-28-21 at 01:25 PM.
#153
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I've said it before I give Lucid a 50% chance of succeeding I really hope they do. Who here that said they saw a Lucid in New York, and were not impressed? Sorry I can't remember who that was apologies.
That set off alarms for me.
#154
Lexus Test Driver
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How did the Tesla brand grow to be what it is? I've never really thought a lot about that, is it Elon? I think Lucid has strong branding in the name (simple and memorable) for sure so if their cars are great they will sell themselves. Rawlinson is being very smart in one way he constantly compares his company to Tesla and says Tesla is the market leader, essentially piggy backing his brand on Tesla. That gets people talking, but of course if the cars end up being substandard that will come back to bite in a big way.
I've said it before I give Lucid a 50% chance of succeeding I really hope they do. Who here that said they saw a Lucid in New York, and were not impressed? Sorry I can't remember who that was apologies.
That set off alarms for me.
I've said it before I give Lucid a 50% chance of succeeding I really hope they do. Who here that said they saw a Lucid in New York, and were not impressed? Sorry I can't remember who that was apologies.
That set off alarms for me.
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#155
EV ftw!!!
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Here is the article and video
https://www.motortrend.com/news/peter-rawlinson-lucid-motors-interview/
https://www.youtube.com/watch?v=rgWMEn_KlTE&ab_channel=TwoBitdaVinci
Excerpt from article above:
Rawlinson: Model S was actually styled before I joined Tesla. My task was to retrospectively fit all the bits into it. It was a pretty interesting intellectual puzzle to design a car from the inside out. What I learned from that, however, is that to capitalize on the miniaturization of the electric powertrain requires interaction between design and engineering. This was missed in the Model S; it wasn't designed around the miniaturization of the electric powertrain; it was designed it to be a cool-looking car. No one knew then what could be achieved by miniaturizing. But having gone through that loop, I realized there was an opportunity.
There's an old adage that in order to break the rules, first you must master them. Having that technology in-house would enable Lucid to break the rules. If we could successfully miniaturize the powertrain, we could create much more space for the occupants, and this really led to the whole concept that I had. The great paradox is when the company, which was then called Atieva, asked me if I would be interested in doing an electric car, I said yes. Because I already had a vision for what it would be.
https://www.motortrend.com/news/peter-rawlinson-lucid-motors-interview/
https://www.youtube.com/watch?v=rgWMEn_KlTE&ab_channel=TwoBitdaVinci
Excerpt from article above:
How did the development work?
Rawlinson: Model S was actually styled before I joined Tesla. My task was to retrospectively fit all the bits into it. It was a pretty interesting intellectual puzzle to design a car from the inside out. What I learned from that, however, is that to capitalize on the miniaturization of the electric powertrain requires interaction between design and engineering. This was missed in the Model S; it wasn't designed around the miniaturization of the electric powertrain; it was designed it to be a cool-looking car. No one knew then what could be achieved by miniaturizing. But having gone through that loop, I realized there was an opportunity.
There's an old adage that in order to break the rules, first you must master them. Having that technology in-house would enable Lucid to break the rules. If we could successfully miniaturize the powertrain, we could create much more space for the occupants, and this really led to the whole concept that I had. The great paradox is when the company, which was then called Atieva, asked me if I would be interested in doing an electric car, I said yes. Because I already had a vision for what it would be.
#156
Lexus Fanatic
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Thanks for that.
That whole thing doesn't sound like engineering to me sounds like BS. I don't see a whole bunch of wasted space in the S at all I guess things can always be improved.
That whole thing doesn't sound like engineering to me sounds like BS. I don't see a whole bunch of wasted space in the S at all I guess things can always be improved.
#157
EV ftw!!!
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My reaction was exactly the same - the trunk is absolutely massive and I don't see how they could have made drivetrain components smaller to increase cabin space.
#158
Lexus Fanatic
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Thing is, who has been able to look over the Air in depth? No one to my knowledge has anyone even driven one outside of employees?
#159
Lexus Test Driver
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After seeing the Lucid car in person at their boutique in NYC - Tesla has zero to worry about it.
I’m not sure what they offer if anything that is even remotely compelling.
I’m not sure what they offer if anything that is even remotely compelling.
#160
Lexus Test Driver
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Thats a pretty strong position to take. The interior looked a lot better than the Teslas...did you not find that to be so? Also, I can't make a judgement until the driving comparisons come in. I would love to go test drive a Plaid model and compare it with the Dream version. I do admit that the exterior styling for me is bland.
#161
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I've also at times owned Tesla stock. If I had to own a car stock today based on EV outlook Lucid would definitely be on my short list.
What impressed me about Lucid was they seemed to have a very real and attractive looking and driving prototype. Lucid and Rivian seemed like they had the most legit engineering of the crop of startups post-Tesla. They didn't come across as burning money to be everything to everyone (Faraday), suspect engineering resources (Lordestown, Nikola), or terrible product with pretty skin (Karma).
If anything what they lacked seemed to be the ability to sell themselves to investors, and the vision to see where the market would go. Why build a Model S competitor when the Model X was so much more vulnerable? An SUV would have gotten more funding interest, IMO. It's going to be a really uphill climb with Porsche and the other Germans entering the space as well, and I think OEMs are too far in on their own development to shell out what it would take to acquire Lucid prior to a bankruptcy.
What impressed me about Lucid was they seemed to have a very real and attractive looking and driving prototype. Lucid and Rivian seemed like they had the most legit engineering of the crop of startups post-Tesla. They didn't come across as burning money to be everything to everyone (Faraday), suspect engineering resources (Lordestown, Nikola), or terrible product with pretty skin (Karma).
If anything what they lacked seemed to be the ability to sell themselves to investors, and the vision to see where the market would go. Why build a Model S competitor when the Model X was so much more vulnerable? An SUV would have gotten more funding interest, IMO. It's going to be a really uphill climb with Porsche and the other Germans entering the space as well, and I think OEMs are too far in on their own development to shell out what it would take to acquire Lucid prior to a bankruptcy.
#162
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Thats a pretty strong position to take. The interior looked a lot better than the Teslas...did you not find that to be so? Also, I can't make a judgement until the driving comparisons come in. I would love to go test drive a Plaid model and compare it with the Dream version. I do admit that the exterior styling for me is bland.
On a side note, I had the exact opposite experience with the Genesis G80/90. Looked old and generic in pictures, but just exuded quality in person.
#163
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I have LCID stock too. Been in it for months as CCIV. I think they are going to shine bright in the future. Being as though the world is rushing to convert to EV, they are in front and high up in luxury. The design is awesome, clean and very prestige. I’d say keep those hands diamond and see some solid gains in the future.
#164
Lexus Test Driver
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Thats a pretty strong position to take. The interior looked a lot better than the Teslas...did you not find that to be so? Also, I can't make a judgement until the driving comparisons come in. I would love to go test drive a Plaid model and compare it with the Dream version. I do admit that the exterior styling for me is bland.
The rear trunk space and head room in the car is extremely compromised. It does have a large frunk. The impression that i got is of a Buick LaCrosse rather a Mercedes Sclass.
Also the Tesla design in person is just so unique and futuristic. The Lucid is plain and unexceptional imo. The interior is a joke. There are no amazing colors, trim options, contrast stitching etc as you would find in Sclass or 7series. Personally i was not impressed by it - it just doesn’t have that “it” factor that Tesla has.
Porsche Taycan to me is what a Luxury EV looks like and has the interior to match its price.
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Last edited by RNM GS3; 07-28-21 at 07:15 PM.
#165
Lexus Fanatic
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I don't see how lucid makes much money. The Air will be an expensive large supposedly luxurious EV. How many do they expect to sell? Why would someone buy one instead of a Taycan, Model S, EQS, ETron GT?
why will anyone take a chance on an untested brand? Whoever is running lucid doesn't have the personality of Elon Musk to be sure.
To me lucid is a bit like fisker - lots of heat but very little light.
i think Rivian has a MUCH stronger hand.
why will anyone take a chance on an untested brand? Whoever is running lucid doesn't have the personality of Elon Musk to be sure.
To me lucid is a bit like fisker - lots of heat but very little light.
i think Rivian has a MUCH stronger hand.