Lucid Q1 2022 Earnings Preview: Betting the % change in closing price to win!

Dear mooers,

Lucid's Q1 2022 Earnings Conference Call is to be released on May 5 after market close! As a fast-growing segment worldwide, capital and talents are pouring into the EV market for a sustainable future. As the main player, Lucid's earnings update is important for EV investors to check.

Lucid Air, as the first car for customers from Lucid, began production in the Q3 of 2021. In February 2022, the company notified that the unfulfilled reservation orders reached 25,000 units from customers, which reflects potential sales of over $2.4 billion. According to the consensus estimate from analysts, Lucid's deliveries in Q1 are likely to double from the previous quarter, which indicates robust growth. However, since the company still being in the nascent stage, the R&D and SG&A spending are likely to have dented margins.

Therefore, the upcoming earnings result can explain a lot of situations while also creating trading opportunities!

Place your Bet on LCID's percentage change in closing price (i.e.+3%) of May 6 ET by May 6 3:30 PM ET. The mooer with the closest bet will win 300 points!

Notice:
Reward points will be given out within 5-10 working days after the results are announced.
Reward points can be used to exchange gifts at Reward Club.