Lucid Group (NASDAQ: LCID) has always been an intriguing investment opportunity, but it has consistently disappointed investors in several ways.
The electric vehicle (EV) maker designs and produces some of the most advanced EVs globally but has a growing number of recalls and supplier issues and has struggled to lower costs and build scale to improve vehicle unit economics and gross profitability.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Now, another speed **** p: The EV maker just announced that its upcoming Cosmos SUV is significantly delayed -- does this represent a red flag or a smart move?
Lucid originally planned to launch its midsize Cosmos SUV EV late this year, although it admitted that production volume would be low until production accelerates next year. To be fair, many investors and **** ysts were skeptical of this timeline, given that its Gravity SUV is still dealing with recalls, supply chain bottlenecks, and production shifts to align with consumer demand.
#cosmos
The electric vehicle (EV) maker designs and produces some of the most advanced EVs globally but has a growing number of recalls and supplier issues and has struggled to lower costs and build scale to improve vehicle unit economics and gross profitability.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Now, another speed **** p: The EV maker just announced that its upcoming Cosmos SUV is significantly delayed -- does this represent a red flag or a smart move?
Lucid originally planned to launch its midsize Cosmos SUV EV late this year, although it admitted that production volume would be low until production accelerates next year. To be fair, many investors and **** ysts were skeptical of this timeline, given that its Gravity SUV is still dealing with recalls, supply chain bottlenecks, and production shifts to align with consumer demand.
#cosmos
2 months ago
