Potential For $10B In Sales By 2025
$Lucid Group(LCID.US$ The financials don't look promising right now, but that will change once Lucid Motors enters mass production and delivers a larger number of sedans and SUVs. Lucid Motors has a good chance of producing 100,000 electric vehicles per year by 2025, assuming that production delays do not derail the company's production schedule. Using a $100k average sales price, Lucid Motors has the potential to generate $10 billion in annual sales by 2025. The Lucid Air Pure has a starting price of $77,400, but higher-tier models become increasingly expensive. The Air Grand Touring starts at $139,900, while the Air Dream Edition starts at $169,900. As a result, the average sales price should be significantly higher than $77k.
Lucid Motors had 17,000 reservations for its first electric vehicle on the books, which is quite impressive for an EV company with no prior models and a sign of things to come.
In the short term, the losses will be staggering, especially since Lucid Motors manufactures its own electric vehicles. Losses are expected to exceed $1.0 billion per year for the next two years, but should gradually decline in the years following, particularly after the Gravity SUV goes into production.
My Conclusion
Lucid Motors' stock has been on a tear recently, and for good reason. The start of deliveries is a significant accomplishment for Lucid Motors, demonstrating to investors that the company and its executives can deliver results. Lucid Motors, in my opinion, is an EV company with $10 billion in annual sales potential and the most exciting EV stock to own in a market where electric vehicle adoption should gradually increase this decade. Having said that, expect Lucid Motors' stock to zigzag from time to time and to remain volatile. This should not bother you if you, like me, invest for the long term.
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William Paul : Great analysis !
fly up high : is your net worth exceeding 3 digits?
Indicator analyst : A lot of authors here sure do love "putting half" of their net worth into whatever. How about writing really good well researched articles instead of having to rely on clickbait headlines?
Drdrdoky : Sounds like you were gulled by crazy Jim Cramer.
Dylinh : what company financial looks good at start up, Tesla was in worse situations than Tesla when they first ramp up. Actually Lucid is way better shape then Tesla, Lucid has 4.8 Billions dollars of cash with no debt. Their financial is in great shape and as they are ramping up production more cash will flow in. Do your research first before making such statement, it makes you look stupid.
UANM5SC6Ea : I own some LCID, having bought in with CCIV, and have made money on trading options in the name. I think they probably have a great future.
But…50%? I hope you are a young guy…
z45pL0OXH0 : Putting valuations aside, why did you choose LCID over RIVN? Thanks