Lucid Motors vs Rivian Automotive

SDHacker · 2021-11-02T19:57:58-0400

Rivian is going into a market segment with much higher demand than the "large" luxury sedan. Rivian provided extensive test drives showing off their off-road capability along with how nice their interior is prior to IPO. They also are entering the lucrative SUV market ahead of Lucid. Quad drive provides capability no other consumer vehicle has. Lucid went public before anyone really knew via test drives if the Air was a dud. Rivian also has attractive pricing. If I was in the market for a truck or large SUV, they would be at the top of my list. There is the short cargo bed compared to upcoming competitors but they are absolutely the top choice within the niche of the truck/SUV market they are aiming for. Rivian has over 48,000 preorders versus 13,000 for Lucid. There is far more certainty around what you are getting with a Rivian versus a Lucid when they went/are going public.

Let'sDriveDream · 2021-11-02T20:29:08-0400

SDHacker said:
Rivian is going into a market segment with much higher demand than the "large" luxury sedan. Rivian provided extensive test drives showing off their off-road capability along with how nice their interior is prior to IPO. They also are entering the lucrative SUV market ahead of Lucid. Quad drive provides capability no other consumer vehicle has. Lucid went public before anyone really knew via test drives if the Air was a dud. Rivian also has attractive pricing. If I was in the market for a truck or large SUV, they would be at the top of my list. There is the short cargo bed compared to upcoming competitors but they are absolutely the top choice within the niche of the truck/SUV market they are aiming for. Rivian has over 48,000 preorders versus 13,000 for Lucid. There is far more certainty around what you are getting with a Rivian versus a Lucid when they went/are going public.

Very easy to follow and I agree that they are coming out with the most popular two models, trucks and SUVs. Also, Amazon owns 20% of the company shares and ordered 100k delivery trucks in 4 years. It's all set to be good on the balance sheet. RIVN comes out next week in the public market on 11/9/2021

Lucid Dreams · 2021-11-03T14:49:42-0400

Some more info/context around Rivian. Rivian IPO is expected to be at a valuation of around $50-$55 billion which would put them around the same as Honda.

They intend to offer 155,250,000 shares (including 20,250,000 shares to the underwriters) at a price between $57.00 and $62.00 per share.