

The company has built 74 quality validation builds as part of its ongoing final testing phase.Lucid expects to deliver the Air before the end of 2021.A large sell-off would certainly impact the stock The PIPE was 167 million shares, representing approximately 10% of total shares outstanding. PIPE investors invested at $15 per share. PIPE (Private Investment in Public Equity) lockup ends September 1.While exercisable warrants represent only about 2.5% of LCID’s total 1.7 billon shares outstanding, any significant insider selling is potentially a dilutive event for the stock Roughly 40 million warrants (at $11.50) can be exercised beginning August 23 (LCID stock is currently trading at just under $22).So now’s a good time to summarize what we really know about Lucid: LUCIDnation is clearly on the edge of its seats. And with LCID stock stuck in limbo, the recent chatter adds a whole new meaning to the phrase “range anxiety.” What We Know About LCID Stock So it’s unsurprising investors have been forced to resort to this type of reasoning. There’s just under four months left until the end of the year. And the most fervent of LCID bulls believe that the gesture refers to a sought-after partnership with Apple (NASDAQ: APPL)(if anyone can decipher the correlation between the number four and Apple, please email me). And an InvestorPlace reader messaged me suggesting that Peter is using trading floor hand signals: h is left hand suggests September, his right, the number 4.Īnother suggests Peter is talking about Level 4 Autonomous Driving (quite a jab, considering the recent safety probe into Tesla ). Some believe that the gesture refers to the delivery date of the flagship Lucid Air EV, currently slated for sometime in H2 2021. Meanwhile Rawlinson’s photo ops have spawned quite the stir on Reddit and other social media forums. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. In 2022, named it the luxury EV of the year, citing its “mind-melting acceleration” and impressive interior. Despite some recalls, the Lucid Air has garnered plenty of praise.Lucid says it will also “continue to evaluate new product offerings.”
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LFS allows customers to complete all aspects of their purchase digitally, including the application and contract signing.However, Lucid expects to add its Touring and Pure models before 2023. The program only includes Lucid Air Grand Touring models currently.It provides lease and loan purchase options to U.S. Lucid Financial Services (LFS), Lucid’s new financing platform, is completely digital.

What Lucid’s New Platform Means for LCID Stock
