Just in. The latest from the Lucid CEO Peter Rawlinson on going public! Exciting times
|Lucid will add 2.7 million square feet of additional space at our greenfield factory in Arizona. This will allow us to add a separate line for our Project Gravity electric SUV even as we accelerate its development. Tomorrow, I will head back out west to work with the incredible team we’ve assembled to build Lucid’s future.|
We believe we’re creating the best EVs ever made. But our aspirations go beyond selling cars. Our planet is facing an environmental crisis that impacts every living being – now and in the future.
That’s why we’ve been working so hard over these many years, and why we’ll keep working tomorrow and beyond. Humankind doesn’t yet have an answer for the problems we face, but we have to start somewhere. At Lucid, we’ve started with a factory, with a new generation of cars and plans for many more, and most critically, with a path forward on a larger energy and sustainability strategy.
So along with thanking every Lucid employee – from our headquarters in California, to our factory in Arizona, to our colleagues across the globe – I’d like to thank you. For recognizing and helping to further our vision of creating the most captivating electric vehicles and a more sustainable future for us all.
|CEO, Lucid Motors|
I don't see how this is any different than Tesla going public back in 2010 when they were just starting out with sales and production with the Roadster.Beginning of the end. Original investors want out, and will be getting their money early. Leaving the general public holding the bag. All this money, and not one car sold. Anyone else see an issue here?