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RE: LeoThread 2025-03-02 19:39

in LeoFinance7 months ago

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.

Investor Concerns and the Future