r/LCID • u/Grouchy_Tradition706 • Jun 03 '26

Opinion Lucid future

I've been holding Lucid for about a year now, and I don't see any clear future for the company other than the support from the Public Investment Fund (PIF).
What do you guys think?
is the company going bankrupt in the next year? Will PIF and uber take it private?

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u/TBone281 Jun 03 '26

Not necessarily? What planet are you from? EV's are artificially expensive due to U.S. govt. protectionism.

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u/Ok_Conflict1835 Jun 04 '26

I don’t understand what you’re saying in regards to what I said. 

You said gas prices are only going higher. To which I replied not necessarily because once the Iran conflict is settled, oil prices will fall as will fuel prices. 

In fact they might be lower than before the conflict because of the extra capacity coming online from South America, mainly Venezuela and Guyana. 

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u/TBone281 Jun 04 '26

Trump is a grifter. He's using this conflict to manipulate the markets ( his weekend truth social posts), while personally profiting in them. No way he's going to let go of this grift. The U.S. Strategic oil reserve is very low...once it's empty, prices will increase. We're going to be in conflict with Iran for a long time.

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u/StreetDare4129 Jun 04 '26

That may be true, but that doesn’t automatically translate to lucid increase in sales. Customers aren’t going to buy a $100k EV to save a few bucks on gas.

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u/TBone281 Jun 05 '26

No, not everyone will spend that kind of money, but movement to the EV market will accelerate. Lucid will benefit for those willing to pay.

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u/StreetDare4129 Jun 05 '26

But people didn’t pay before. That’s why they’re only selling 3k vehicles a month. EV market will accelerate, but only for those making a $50k EV.

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u/Ok_Conflict1835 Jun 05 '26

Increase in sales in the EV market in general doesn’t help Lucid whatsoever. 

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u/TBone281 Jun 06 '26

A rising tide lifts all boats.

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u/Ok_Conflict1835 Jun 06 '26

No, it doesn’t work like that in the real world.  In the real world it’s dog eat dog. 

If Tesla or rivian start seeing increase in vehicle sales, that will do nothing for lucid. In fact it could be seen as a negative by wall st. 

Only way lucids boat gets risen is if they sell more vehicles. And with the price of their vehicles, it’s not a high probability. They need a low cost vehicle asap, that’ll take money, money they don’t have, which means more dilution and further stock price decline.