I understand your decision to cancel but as a stock holder I'm ok with Lucid's decision too.
I'm a bit confused. Yes, it's a $100k+ car. Yes, it's a startup. We know these things. We are early adopters and we either pay the price for investing in a failed startup or we benefit from the early enjoyment of a great product. Or, possibly a disappointing product.Thanks all for your comments. We have 2 variables at hand, those that love the Lucid, would pay anything for it and accept all terms. And those like me who were on the fence and were looking at the price to pay vis-a-vis where the car is in development, especially Dream Drive Pro. Sorry, I still think $4k for audio 'software' is too much, especially on a $100k+ car.
The reality is Lucid is manufacturing way more cars than being delivered, the demand has not been created. Tomorrow's earnings report may be a disaster. A significant amount of orders have been canceled. The company is fledging, the stock has tanked, and the long-term viability of Lucid is in question. Sure, it is great to take your non-negotiating direct sales model all the way to significant sales losses. As a shareholder, at this stage, I think it is the wrong tact. When demand finally outweighs supply, that is a different issue.
Consumer demand can be a bell-shaped cure. This forum's members are at the back of the curve, the mass in the middle of the curve are price to value sensitive, and the front of the curve would not be buying the car. Others on the fence, like me, needed an incentive to close the deal. We have been a Maserati family since the early 2000s, and I have bought 9 Maseratis from our local dealer. On every purchase, they give us attractive incentives, which has made my family very loyal customers and kept us upgrading every few years.
I also relay my experience to the local mall, which had both Sony and Apple stores. I bought Sony computers and pocket cameras all the time. The manager knew me well. One of my pocket cameras shutters did not close, and the manager said he could not do anything for me. With the Apple store, I remember bringing an iPod in to fix, they smiled, said they would be glad to help, and did not charge me. The lesson here is Sony closed down shortly thereafter, and Apple is the highest revenue store at the mall.
It is extremely critical for business survival to listen to your customers and be flexible.
This would be a very interesting Master Class discussion, especially evaluating consumer variables needed for creating demand.
So in the end, I ordered a Model S and was a bit sad about not taking delivery, as I am a Lucid enthusiast. But I feel it was the right decision for me as I watch Lucid develop their software and grow their demand. Maybe in 2-3 years, I will upgrade.
I agree it is extremely critical to listen to your customers but I hope lucid is not trying to attract the buyers who are looking for steep incentives but rather the buyer who wants a state of the art vehicle and excellent service. I think you were spoiled by Maserati and Sony because both had inferior products relative to their competitors and therefore had to bend over to attract what few customers they could get.Thanks all for your comments. We have 2 variables at hand, those that love the Lucid, would pay anything for it and accept all terms. And those like me who were on the fence and were looking at the price to pay vis-a-vis where the car is in development, especially Dream Drive Pro. Sorry, I still think $4k for audio 'software' is too much, especially on a $100k+ car.
The reality is Lucid is manufacturing way more cars than being delivered, the demand has not been created. Tomorrow's earnings report may be a disaster. A significant amount of orders have been canceled. The company is fledging, the stock has tanked, and the long-term viability of Lucid is in question. Sure, it is great to take your non-negotiating direct sales model all the way to significant sales losses. As a shareholder, at this stage, I think it is the wrong tact. When demand finally outweighs supply, that is a different issue.
Consumer demand can be a bell-shaped cure. This forum's members are at the back of the curve, the mass in the middle of the curve are price to value sensitive, and the front of the curve would not be buying the car. Others on the fence, like me, needed an incentive to close the deal. We have been a Maserati family since the early 2000s, and I have bought 9 Maseratis from our local dealer. On every purchase, they give us attractive incentives, which has made my family very loyal customers and kept us upgrading every few years.
I also relay my experience to the local mall, which had both Sony and Apple stores. I bought Sony computers and pocket cameras all the time. The manager knew me well. One of my pocket cameras shutters did not close, and the manager said he could not do anything for me. With the Apple store, I remember bringing an iPod in to fix, they smiled, said they would be glad to help, and did not charge me. The lesson here is Sony closed down shortly thereafter, and Apple is the highest revenue store at the mall.
It is extremely critical for business survival to listen to your customers and be flexible.
This would be a very interesting Master Class discussion, especially evaluating consumer variables needed for creating demand.
So in the end, I ordered a Model S and was a bit sad about not taking delivery, as I am a Lucid enthusiast. But I feel it was the right decision for me as I watch Lucid develop their software and grow their demand. Maybe in 2-3 years, I will upgrade.
I absolutely agree. I wanted to purchase the vehicle badly but I was extremely concerned about promises that were not being fulfilled. An example is a local service center that still hasn’t been opened. Lucid seems to have a long way to go.Thanks all for your comments. We have 2 variables at hand, those that love the Lucid, would pay anything for it and accept all terms. And those like me who were on the fence and were looking at the price to pay vis-a-vis where the car is in development, especially Dream Drive Pro. Sorry, I still think $4k for audio 'software' is too much, especially on a $100k+ car.
The reality is Lucid is manufacturing way more cars than being delivered, the demand has not been created. Tomorrow's earnings report may be a disaster. A significant amount of orders have been canceled. The company is fledging, the stock has tanked, and the long-term viability of Lucid is in question. Sure, it is great to take your non-negotiating direct sales model all the way to significant sales losses. As a shareholder, at this stage, I think it is the wrong tact. When demand finally outweighs supply, that is a different issue.
Consumer demand can be a bell-shaped cure. This forum's members are at the back of the curve, the mass in the middle of the curve are price to value sensitive, and the front of the curve would not be buying the car. Others on the fence, like me, needed an incentive to close the deal. We have been a Maserati family since the early 2000s, and I have bought 9 Maseratis from our local dealer. On every purchase, they give us attractive incentives, which has made my family very loyal customers and kept us upgrading every few years.
I also relay my experience to the local mall, which had both Sony and Apple stores. I bought Sony computers and pocket cameras all the time. The manager knew me well. One of my pocket cameras shutters did not close, and the manager said he could not do anything for me. With the Apple store, I remember bringing an iPod in to fix, they smiled, said they would be glad to help, and did not charge me. The lesson here is Sony closed down shortly thereafter, and Apple is the highest revenue store at the mall.
It is extremely critical for business survival to listen to your customers and be flexible.
This would be a very interesting Master Class discussion, especially evaluating consumer variables needed for creating demand.
So in the end, I ordered a Model S and was a bit sad about not taking delivery, as I am a Lucid enthusiast. But I feel it was the right decision for me as I watch Lucid develop their software and grow their demand. Maybe in 2-3 years, I will upgrade.
Lucid doesn’t have a Sony Atmos system either. It’s their own audio system with Dolby Atmos which Lucid calls their surreal 21 speaker sound system. On my Lucid I could only count 11 speakers. Plus this is the only car that I have ever owned that suddenly stopped working. It took a month for Lucid to fix it. Knock on wood so far it is working.I’m tired of people whining about what they “expect” of a 100k+ car. Go buy the cheap version of any other car with a Sony Atmos system.
Oh wait; there isn’t ANY OTHER car with one. Hmmm.
I'm a bit confused. Yes, it's a $100k+ car. Yes, it's a startup. We know these things. We are early adopters and we either pay the price for investing in a failed startup or we benefit from the early enjoyment of a great product. Or, possibly a disappointing product.
Betamax was, technically, a superior product to VHS but it failed. That doesn't equate to VHS being a superior product.
I like Tesla's but the Model S is not a luxury vehicle. It's a fast vehicle, but not luxurious. There's a pretty big difference between what you get in the Air vs. the S. Soft close doors, rear passenger and rear glass shades, huge passenger area, auto trunk and hood, 924 volt charging instead of 480 volt, massage seats in the higher trim levels, LIDAR.
The Lucid is a "luxury" vehicle. If you want a car that goes really fast but rattles after 12 months the Model S is the gift that keeps giving. If you want a cruiser that charges really fast and goes pretty fast and doesn't rattle and makes your passengers feel like they're in a limo - get a Lucid. Or, perhaps the BMW i7 - that will do 317 (max) and 0-60 in 4.5. But it's got a really cool tv in the back seat.
All of those things cost money - and you pay for them.
Your point is well taken thou bad example as Betamax is a format that Sony mainly pushed. After Betamax Sony did continue to service their units same with Awia. Aiwa doesn’t exit today but anyone who owns their product can still get them serviced.So here's my question, when Betamax failed what happened to their authorized service centers?
I would buy the Lucid GT in a heartbeat, but if the company fails how do you get service? Who provides the battery replacements, the OTA updates, motor issues and a whole host of what can go wrong?
Oh I know, it's gonna be the Saudi Sovereign Wealth Fund to rescue them in 2024,.,...they already own over 60%...surely they'll keep it afloat, just ask all those good people at Credit Swiss.....The Saudis hung them out to dry!
It took years for Beta to go out of service. But, as with all technology, it just goes away. Perhaps a museum, perhaps purchased by another company. There's a lot of value in what Lucid has accomplished. The same question could be asked about Saturn or Pontiac.So here's my question, when Betamax failed what happened to their authorized service centers?
I would buy the Lucid GT in a heartbeat, but if the company fails how do you get service? Who provides the battery replacements, the OTA updates, motor issues and a whole host of what can go wrong?
Oh I know, it's gonna be the Saudi Sovereign Wealth Fund to rescue them in 2024,.,...they already own over 60%...surely they'll keep it afloat, just ask all those good people at Credit Swiss.....The Saudis hung them out to dry!
Responding to the sentence about local service center. This is truly unnecessary. I have had my car go back 3 times to Seattle center. I live 8 hour drive from Seattle. When the problem was identified, each time they promptly contact a transport company, I get a call within 24 hours, and shortly someone comes to my door to transport car in closed trailer. Same in reverse. Frankly, I'd rather have car go to a central high volume high quality repair center than a small satellite facility. I know there are problems but the quality of service is not one of them. They text me every other day, respond when I call in. I have owned a LOT of cars. I can tell you nightmare stories about service as likely can many of you.I absolutely agree. I wanted to purchase the vehicle badly but I was extremely concerned about promises that were not being fulfilled. An example is a local service center that still hasn’t been opened. Lucid seems to have a long way to go.
I'm a bit confused. Yes, it's a $100k+ car. Yes, it's a startup. We know these things. We are early adopters and we either pay the price for investing in a failed startup or we benefit from the early enjoyment of a great product. Or, possibly a disappointing product.
Betamax was, technically, a superior product to VHS but it failed. That doesn't equate to VHS being a superior product.
I like Tesla's but the Model S is not a luxury vehicle. It's a fast vehicle, but not luxurious. There's a pretty big difference between what you get in the Air vs. the S. Soft close doors, rear passenger and rear glass shades, huge passenger area, auto trunk and hood, 924 volt charging instead of 480 volt, massage seats in the higher trim levels, LIDAR.
The Lucid is a "luxury" vehicle. If you want a car that goes really fast but rattles after 12 months the Model S is the gift that keeps giving. If you want a cruiser that charges really fast and goes pretty fast and doesn't rattle and makes your passengers feel like they're in a limo - get a Lucid. Or, perhaps the BMW i7 - that will do 317 (max) and 0-60 in 4.5. But it's got a really cool tv in the back seat.
All of those things cost money - and you pay for them.
Eric, I too am an early adopter and took a risk for all the reasons you gave. Unfortunately, I received my Lucid Air Touring on March 15th and h II agree it is extremely critical to listen to your customers but I hope lucid is not trying to attract the buyers who are looking for steep incentives but rather the buyer who wants a state of the art vehicle and excellent service. I think you were spoiled by Maserati and Sony because both had inferior products relative to their competitors and therefore had to bend over to attract what few customers they could get.
Eric, I too am an early adopter for all the same reasons you gave. Unfortunately, I received my Lucid Air Touring on March 15th and have only enjoyed four days of driving with all systems working. First it was computer problems, and since April 11th I’ve been told to not drive it until the source of rattling can be found and corrected. It is scheduled to be picked up next week for servicing. Let’s hope it works. VERY DISAPPOINTING!!!I'm a bit confused. Yes, it's a $100k+ car. Yes, it's a startup. We know these things. We are early adopters and we either pay the price for investing in a failed startup or we benefit from the early enjoyment of a great product. Or, possibly a disappointing product.
Betamax was, technically, a superior product to VHS but it failed. That doesn't equate to VHS being a superior product.
I like Tesla's but the Model S is not a luxury vehicle. It's a fast vehicle, but not luxurious. There's a pretty big difference between what you get in the Air vs. the S. Soft close doors, rear passenger and rear glass shades, huge passenger area, auto trunk and hood, 924 volt charging instead of 480 volt, massage seats in the higher trim levels, LIDAR.
The Lucid is a "luxury" vehicle. If you want a car that goes really fast but rattles after 12 months the Model S is the gift that keeps giving. If you want a cruiser that charges really fast and goes pretty fast and doesn't rattle and makes your passengers feel like they're in a limo - get a Lucid. Or, perhaps the BMW i7 - that will do 317 (max) and 0-60 in 4.5. But it's got a really cool tv in the back seat.
All of those things cost money - and you pay for them.