NIO has been going off lately. Still worried about Chinese stocks as government is different.
Lucid Motors
- Thread starter teen101111
- Start date
The lucid car at Yorkdale mall is quite impressive. If this company can start to improve on their ability to build these cars quicker and more cost-effective this company is going to take off and I think the only thing that they’re missing right now is their ability to mass produce these cars in a quick and cost-effective way. If I were them, I will be looking to hire someone higher up from Tesla to help get their product mass produce because their product. If you go to Yorkdale mall, he will see that it is amazing and I believe much better than Tesla.
Tesla can build a car more impressive than that. It's not a big deal. Actually any car manufacturer can. The thing is they wouldn't be profitable. And lucid isnt making any money
I agree the biggest factor is being profitable. Tesla has figured out how to mass produce and others are so far behind.
Lucid builds a beautiful car. But the problem is they have production issues as it takes to long for them to build.
They also have to high if a cost to build. Elon has Tesla running so smooth factories. Cannot compete with him.
All these EV companies sound great. They just don’t have the experience of mass production. Tesla is so far ahead. I think others are all in trouble.
All major car companies have invested billions in Ev
Even the Japanese and Koreans are coming with amazing EVs
Every company must go EV as governments will get rid of gasoline powered by 2040. Airplanes will go biofuels.
The Ionic is amazing f by Hyundai. They are everywhere.
EVs are the future no doubt. I think we won’t get to full EV until 2050 and I believe China will be the leader in EV as they can produce the quickest and cheapest.
Investing in Lucid might be considered risky due to factors like its relatively short time as a publicly traded company and potential volatility in the electric vehicle market. Additionally, the company's success hinges on its ability to compete with established players in the industry, which could pose challenges to its long-term growth and profitability.
