Q3 financials on November 15th

Whoa! Just checked 13:30 Eastern stock $36.85

sandvinsd said:

Lucid just posted this:

Lucid to Report Third Quarter Fiscal Year 2021 Financial Results on Monday, November 15, 2021

There were luxury cars, then EVs, and now there’s Lucid — the new generation of luxury electric.

www.lucidmotors.com

The Q4 earnings will be much more interesting when we see the actual number of deliveries.

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yes, hope will be more than dozen!

Just announced 17,000 reservations currently, up from 13k at the end of Q3. That is 4000 reservations in just 45 days….

Also Lucid had $4.8B in cash at the end of Q3, so solid amounts of money available for the future.

I wished they would’ve announced how many deliveries they have done to date and if they’re on track for the 520 by year end.

overall though I’m impressed that they continue to hit milestones. Reservations should top 20k by year end / early January at this rate.

Hc_79 said:

I wished they would’ve announced how many deliveries they have done to date and if they’re on track for the 520 by year end.

overall though I’m impressed that they continue to hit milestones. Reservations should top 20k by year end / early January at this rate.

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Yes. I would have liked to have heard more on the deliveries too. They said 2 dozen last weekend on the call. That combined with the 12 on the initial event gives at least 36. We will hear more at the Q4 earnings, but that is always looking through a rear view mirror. They do seem to underpromise and over deliver so I would expect that they hit that odd 577 number for this year. I also expect to hear on these boards about actual AGT deliveries in Q4. If that happens we will know that at least all the 520 Dreams were done. If reservations top 20k, they will have locked up their entire production for 2022.