New trims and modelsĪnother point to watch is the launch of Lucid's lower-end trims. Missing, meeting, or exceeding this target will set the pace for Lucid to hit its longer-term goals. 28 interview with CNBC, Lucid CEO Peter Rawlinson affirmed the company's goal to produce and deliver at least 20,000 Lucid Air sedans in 2022. Only recently has the emphasis begun to shift to free cash flow and earnings. Investors familiar with Netflix stock will remember that just about the only figure that Wall Street cared about was its subscriber growth. Instead of traditional financial metrics, Wall Street's expectations for Lucid in 2022 will likely center around its ability to produce and deliver cars on time. Positive customer responses to its showrooms and effective service centers would indicate the company is succeeding in aspects of its business outside of just building cars. But given the vehicle's high price tag, customers will likely expect top-tier service should any issues arise. Lucid spent an extended time in pre-production tweaking its car, so the hope is it won't have any serious problems.
#Lucid group software
Buggy software or malfunctioning components could be a disaster for Lucid if it lacks the service network to solve problems. Lucid's service is entirely unproven considering the company has yet to deliver cars.
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