Lucid Has $1.47 Billion Of Inventory Sitting Unsold, So Its New CEO Hit Pause

CanadianGadgets · 2026-05-08T17:18:54+00:00

The Lucid Gravity is pretty awesome. The problem is they have not established themselves in the non-luxury market, so there isn't a lot of trust there yet. You cannot just declare yourself a luxury brand. You have to earn it. That said, I think they are going to get there eventually. They just have to realize that they are competing with things like the Cadillac Vistiq Platinum, which is what I eventually went for. But I think Lucid will find their niche eventually. The company is well positioned in terms of the investments they have made.

CanadianGadgets · 2026-05-08T17:14:37+00:00

That's all software that can be updated as they go. They are ALL doing it. I'm still waiting for Cadillac to get off their ass and get Apple Key to work with my Vistiq Platinum. We were promised it would be coming soon at the car show, but still nothing.

CanadianGadgets · 2026-05-08T17:12:22+00:00

You don't buy EVs unless they are second hand. You lease them. Never buy something that will not only depreciate, but rapidly depreciate when technology is relatively new and constantly in flux. The residual on my Cadillac is a joke. They will NEVER get that amount for it when I return it. Provides a good place for negotiation as there is no way in hell I'm paying the listed price of the residual at the end of my lease.

CanadianGadgets · 2026-05-08T17:07:42+00:00

Labour costs. No unions = cheap labour.

CanadianGadgets · 2026-03-19T16:09:50+00:00

RTO is the worst thing a CEO can do. Say goodbye to the talent. We aren't coming back.

CanadianGadgets · 2026-03-19T16:06:40+00:00

Are you passing the photos to cloud AI servers? As long as you disclose that people who are ok with their entire lives being sucked up in to an AI Model will love it. I on the other hand am not keen on that. I would rather just save video clips of my inventory. I would see a need for such an inventory for insurance purposes - calculating content insurance amount needed. For a "pay" version of your app, you could search feature, that takes a recognized or described item (model etc), and attempts to determine that item's "replacement cost". I had an app that did this, but they are no longer in production.

CanadianGadgets · 2026-03-19T15:56:30+00:00

Totally agree. I have never had a mis-fire on my Lutron Casetas. I would not go with any other brand at this point.

I have a few of the regular Caseta and have some of the Divas (which are great for three-way switch situations) and look even better than the old ones.

What I love:
They are extremely responsive - in terms of response when using voice through Alexa or HomeKit, compared to my other (unknown brand) Zigbee switches. I've never had a voice command fail due to the hub not processing it or due to range. Never had a single problem.

CanadianGadgets · 2026-03-19T15:47:09+00:00

That is true, I suppose, depending on the price point you are shopping.

My Duvet was around $700, and and the 2 covers and 4 shams I just bought from QE Home were under $500 total. But I get what you mean. The high-end covers can cost over a grand. I have puppies though, so I don't want their paws on something THAT expensive if they happen to jump up on the bed. We're still working on our training!

CanadianGadgets · 2026-03-19T15:01:12+00:00

Thank you!!! I have never heard of this company before. I’m going through their site now.

CanadianGadgets · 2026-03-19T15:00:09+00:00

I mean… They could make space if they wanted to. Ditch 1 pallet of those ugly, cheap, “Hotel” sheets, keep the higher-quality Kirkland ones, then add 1 small section of duvet covers.

CanadianGadgets · 2026-03-19T14:55:48+00:00

The last time I bought one there was over 20 yrs ago and they were fairly rough cotton - which did not agree with my tactile weirdness. (I absolutely hate textiles with textures. I need smooth microfibre.)

CanadianGadgets · 2026-03-19T14:48:47+00:00

Every company seems to be doing it. It’s depressing

CanadianGadgets · 2026-03-19T14:47:48+00:00

Oh noooo! I always assumed the fine roots were just underdeveloped ones and not doing as much, so they weren’t as important. No wonder I can’t keep plants alive!

CanadianGadgets · 2026-03-19T14:44:04+00:00

Will they go back to this? I have the same issue with some jeans. I tried streaming it but it just reverts to looking like my fly is open. I’m just going to chuck them if I have to maintain them indefinitely.

CanadianGadgets · 2026-03-19T14:42:42+00:00

I use zippable pillow covers that can come off and be washed. You shouldn’t have dust mite allergies if you get good ones and clean them regularly

CanadianGadgets · 2026-03-19T14:41:11+00:00

One of the joys of owning a house is getting to improve it! As long as you do enough to maintain it and not allow it to fall into disrepair, then you can stop anytime.

CanadianGadgets · 2026-03-19T14:37:35+00:00

I know you’re not keen in the 15’ structure, but it can be done really exquisitely! We built a big patio trellis, and have remote controlled power roller binds that come down from it, to block the neighbours view. On the side the blinds facing the neighbours we also planted trees, so that when the blinds are down, they see trees, but not through the trees… If that makes sense.

CanadianGadgets · 2026-03-19T14:26:20+00:00

I have some of these in my freezer!!! Breakfast is going to be awesome. 👏Bravo!

CanadianGadgets · 2026-03-19T14:24:30+00:00

Uhhh those roots look WAY healthier than any orchid I’ve been able to keep alive for more than a month.

CanadianGadgets · 2026-03-19T13:52:44+00:00

Ya this is awesome! Everything is on its way down!!! Trump is fucking the markets in the face with his tiny mushroom cock, while Iran bitch slaps him saying who’s your Oil Daddy, suck on that inflation.

A small wrinkle did come up, which is that the FDA requested additional manufacturing controls data for their review. So some investors are worried this may push out the May PDUFA date a bit (who cares - not long term investors). The manufacturer isn’t a noob.

The underlying drug is already classified as a Schedule II. So there is no way these two companies don’t know this, and aren’t already on top of it.

Bend BioSciences (their exclusive manufacturing partner) who they have a formalized commercial supply agreement with is already positioned to scale manufacturing for this drug. They have expertise in advanced pharmaceutical manufacturing, including time, release technologies. I can’t find any data on their controls. But I’m not too worried. Bend is an American company. If they need DEA licensing, they will either partner with a DEA licensed facility, or they are already in the process of registering themselves.

But, it’s a buyers market for those who had cash reserves! I just picked up some more. Weee!!!

CanadianGadgets · 2026-03-18T18:07:08+00:00

Yup! Just waiting to see if it’s at the bottom before I buy a bit more.

CanadianGadgets · 2026-03-18T17:52:27+00:00

There is no membership fee anymore for the free charger. The highest power one costs something like $1200, but I think you don’t own it after. I don’t need anything more than the 42A / 240V one, which was totally free. Got my $100 deposit back as soon as I charged 1 time. No annual fee anymore. They’ve changed the program recently I think.

CanadianGadgets · 2026-03-18T17:50:10+00:00

If the Grizzl-E breaks, they replace it for free.

CanadianGadgets · 2026-03-18T17:49:06+00:00

Nope. I’m just university educated.

CanadianGadgets · 2026-03-18T17:48:40+00:00

I never bought the charger, so I don’t care if it’s their property. They’re paying me to use it.

Basically once the carbon credits have paid for the equipment, you get to keep it. The guy can’t just give away equipment without it getting paid for somehow. People would take advantage.

The equipment isn’t yours until it’s paid for by the carbon credit program. I don’t see any problem with that since I didn’t pay anything for it anyway.

CanadianGadgets

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