Part 7/9:
Despite claiming production goals of 20,000 vehicles in 2025, Lucid has struggled to meet expectations, barely delivering 10,000 units in 2024. Their reported net loss of $397 million in Q4 paints a grim picture, further compounding worries among investors regarding the company’s viability. Speculation about high discounting practices on their premium models raises questions about their pricing strategies and overall competitiveness.