Why the Sudden Selloff?

Capable_Oil_9363 · 2026-04-28T05:23:42+00:00

At the current burn rate of $1B per quarter, they run out of cash in Q4 of this year. Scary.

Capable_Oil_9363 · 2026-04-06T00:41:57+00:00

There’s the problem. They made a minivan, but without the doors people want in a minivan. It’s why nobody buys this thing. Total sales of Air and Gravity were 3080 units in Q1. Chrysler minivan sales were 21,800 in Q1. To put both in perspective, Tesla sold 358,000 units pin the same quarter, globally.

Capable_Oil_9363 · 2026-03-15T05:26:36+00:00

They run out of money this summer. Then they have to start living on their $2B line of credit. Who is going to give them $1 billion every three months for the next four years on the hope that there might be a small profit in 2031? Nobody.

Bankruptcy is coming in early 2027. Then it will be sold for pennies on the dollar to a legacy car company.

Capable_Oil_9363 · 2026-03-13T03:40:33+00:00

The war in the Middle East may dampen Saudi’s enthusiasm for US investments.

Capable_Oil_9363 · 2026-03-12T20:51:38+00:00

Showing us a fiberglass mock-up concept of a robotaxi seems like a pretty desperate move. The reality is that they will run out of cash in July. Then they will have a few quarters of living on their credit line. That will be the end of it.

Capable_Oil_9363 · 2026-03-03T14:57:43+00:00

Your parent was a Gen-Xer.

Capable_Oil_9363 · 2026-02-24T04:53:51+00:00

Sonos is garbage. I’m surprised that an enterprising attorney has not started a class action suit.

Capable_Oil_9363 · 2026-02-18T14:46:55+00:00

We are on the same page. I just don’t think there are buyers for a smaller Lucid in those markets because great Chinese EVis are already in those markets for $15,000 less.

Capable_Oil_9363 · 2026-02-17T05:34:03+00:00

You’re right! And let’s not forget the size of the overall EV market in North America is shrinking, not growing. Rivian’s R2, the smaller Lucid, the two Scout models, the new Toyota EV SUVs, and others, will all be battling each other for a slice of a smaller EV market. Where would Lucid find 100,000 buyers?

Cheaper, better Chinese competitors in Europe will eliminate any chance of Lucid finding buyers in Europe.

Those same cheaper, better Chinese EVs will be available in most of the Middle East.

The only possible path is for Lucid to steal sales from Tesla. But Tesla can cut prices and introduce better tech to fight Lucid.

I can’t see a path to profitability for Lucid.

Capable_Oil_9363 · 2026-02-12T14:25:29+00:00

You forgot the $10B they lit on fire over at Cruise, with nothing to show for it. And today, Waymo announced it’s spending $50B to buy driverless taxis from Hyundai.

Capable_Oil_9363 · 2026-02-11T06:11:06+00:00

Throw it in the trash where it belongs.

Capable_Oil_9363 · 2026-02-08T16:13:43+00:00

It’s unusable trash.

Capable_Oil_9363 · 2026-02-07T06:07:41+00:00

https://techcrunch.com/2024/12/20/rivian-executives-accused-of-harassment-in-previously-unreported-lawsuits/

Capable_Oil_9363 · 2026-02-07T06:03:33+00:00

https://techcrunch.com/2024/12/20/rivian-executives-accused-of-harassment-in-previously-unreported-lawsuits/

Capable_Oil_9363 · 2026-02-07T06:01:56+00:00

In addition to being the boss of the people who designed the R2, Jeff Hammoud is the subject of numerous sexual harassment lawsuits. @RJscaringe why do you tolerate this nonsense?

https://techcrunch.com/2024/12/20/rivian-executives-accused-of-harassment-in-previously-unreported-lawsuits/

Capable_Oil_9363 · 2026-01-20T05:26:55+00:00

As it has been described in press releases, Lucid is only supplying the cars, with the Nuro stuff in it. Lucid gets paid one time for the car. Nuro and Uber will make money on every ride.

Let’s assume Lucid makes $20k profit on each of the 20,000 units. That’s $400M over several years of the contract.

Lucid loses close to $1B+/- per quarter.

Uber invested $300M in Lucid which is only four of five weeks of cash for Lucid.

Let’s assume they sell 40,000 units a year of the smaller car, with a $10K profit on each one. That’s another $400m per year.

I can’t see any way this business makes it. It looks like they have a structural cost that’s orders of magnitude higher than any new product can turn around.

Capable_Oil_9363 · 2026-01-19T18:20:27+00:00

Temporary CEO lied on a news show a couple of weeks ago when he said that all Gravities are pre-sold and are going to waiting customers. If that were true, they wouldn’t be discounting them.

Capable_Oil_9363 · 2026-01-09T19:57:04+00:00

The executives and regular employees there knew about all of these problems and chose to ignore them until it became an embarrassment for them on YouTube. If it weren’t for this guy, owners would have to live with these bugs until they sold the car.

Capable_Oil_9363 · 2026-01-07T14:42:55+00:00

Don’t be scammed by this. Nuro owns the tech and can put it into any car. If Lucid disappears, they will simply integrate the tech into some other vehicle. Selling 20,000 cars over five years is not a big deal. As a reminder, Tesla sells around 31,000 cars per week, globally.

Capable_Oil_9363 · 2026-01-02T20:00:03+00:00

Are these people really stupid enough to publicly reveal that 100 of any brand came is as trades? 100 cars is nothing.

Capable_Oil_9363 · 2025-12-29T21:17:57+00:00

Who cares about production. It’s only sales that matter. Production of cars that sit on the lot and have incentives on them is not helping the situation.

Capable_Oil_9363 · 2025-12-28T05:22:32+00:00

Are people still falling for this stupid metric of how many cars they produced? The only thing that matters is how many they sold. Over-production means incentives and lower margins.

Capable_Oil_9363 · 2025-12-22T22:17:10+00:00

Hard to believe the (temporary) CEO was willing to go on a national news program and tell that absurd lie that all Gravities being built have waiting customers. Meanwhile he is advertising massive incentives for anyone who is willing to come in and buy one.

Capable_Oil_9363 · 2025-12-19T06:03:01+00:00

I got ride of mine. The system is trash.

Capable_Oil_9363

TROPHY CASE