They really gonna need to scale fast. What other cars are huge money losers at first?
Then it’s a wash on my purchase price , I will now take my delivery of a free car , please deliver it this weekend. Thanks
Just wait til you hear about how much GM loses on each auto loan. They’re still offering 1.9% while the rest of the industry is offering 7-9% for perfect credit score buyers. And they’re not even a new company! Lucid is. $230k on each car seems fine.
It’s how everyone starts out, at least they’ve made it unlike the dozens of other failed companies not even making production.
Their engineering is off the charts as a whole. Inside and out. Unlike Tesla even today. I hope they continue because they started correctly instead of bandiading down the line
No it doesn’t.
When you sell 5000 x 200k that’s the same as 50000 at 20k.
Now, no cars really cost $20k but many sell over 50000 units
Lucids business model sucks regardless of the product