Lucid CEO Sees Need to Continue Raising Money for Growth

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Lucid CEO Sees Need to Continue Raising Money for Growth

Рет қаралды 14,380

Ай бұрын

Lucid CEO Peter Rawlinson says the company’s vision is to “be a major player” in the electric vehicle market as he discusses a new partnership with Saudi Arabia’s Public Investment Fund and their EV technology licensing deal with Aston Martin. The company beat expectations for quarterly production and deliveries earlier this week as both figures rose 22% from the prior three months. He spoke Thursday at Bank of America’s Breakthrough Technology Dialogue.
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Пікірлер: 69

@neelkrishna Ай бұрын

If nothing else, the guy is one of the best elevator pitch men I’ve ever seen 😅

@ItsBugsy Ай бұрын

Saudi $$$ on speed dial.

@nittansharma6341 Ай бұрын

This car got future ,as long ceo Peter Rawlinson stop taking big chunk in form of his salaries, otherwise they are going bankrupt

@Carguytct Ай бұрын

I agree that he is getting pay too much, but his salary is nothing compare to what the company is losing.

@johnreed5056 29 күн бұрын

He’s taking salary in terms of shares and he also happens to be the co-founder of the company.

@qr-ec8vd 26 күн бұрын

he does not get paid nearly as much as other CEOs like Elon

@Dafeckleguy Ай бұрын

Lucid the fastest car on the planet with best tech. PIF backed with 5b cash and real estate and studios growing. Ess business is not even baked in the TAM short float is 30 percent This is spring loaded to $60

@Vbl128 Ай бұрын

2000++ car in one quarter? That way too low.

@isserdigan2835 Ай бұрын

@@Vbl128 not for a start up.

@heardbutnotseen1529 Ай бұрын

You clearly don’t know what you’re talking about. It’s a high end luxury vehicle that is in start up phase. That’s amazing.

@corneliuswalker3319 Ай бұрын

@@isserdigan2835a $7B startup? lol

@matthewspry4217 Ай бұрын

Not for a start up

@matthewspry4217 Ай бұрын

Tesla produced 20,000 cars in 2013

@samikamal1 Ай бұрын

LET'S GOOOOOOOOOO LUCID🏆🏁 FAMILY ♥️🙋‍♂️WOOHOO! 😁🥳🥳🎉🎉ADDING ON AND HOLDING STRONG HOLD THE LINE EVERYONE STAY FOCUSED BE DISCIPLINE HARD WORK DEDICATION GOONIES NEVER SAY DIE!😉👍🥳🥳🥳🎉🎉🎉🎆🎇🎆🎇🎆🎇🕺🕺🕺🙌💎💎💎💎

@ambroulard 22 күн бұрын

It’s a stupid loser of a company-- ceo way over payed and company would be GONE if it weren’t for the Saudi’s.

@user-mi1wf6if6l Ай бұрын

Amazing growth going forward 🙌

@willberry6434 Ай бұрын

Massive dilution again

@Meandmylifemoment 19 күн бұрын

Peter needs to bring better marketing and do mass production

@DanL604 Ай бұрын

2000 cars being record delivery is quite bad. This company is crazy overvalued.

@GunnHabenicht Ай бұрын

Extremely good strategy, useful and useful🏐

@IgorReva Ай бұрын

Their Technology will rule the EV SECTOR… Invest asap

@enochcoronado Ай бұрын

Sounds like a sales pitch instead of an interview. Elon is better at selling, without selling Tesla. Good luck sir 👍

@mahmoudghoneim8004 Ай бұрын

Dear , you aren't alone in the market you have competition and you have customers, until you are clear about the challenges on hand and your plan to tackle it you are just dreaming or buying time in salaries and benefits.

@s75d84 Ай бұрын

Lucid is a Tesla 2.0 👍

@dog7272 29 күн бұрын

Right now, Lucids aren't selling. I don't know what the point of this interview was. Up 70% doesn't mean very much, at these levels. Is a $90k SUV going to change anything?

@GrillWasabi Ай бұрын

Raising millions is r/s on the stocks and steal the money from investors lol

@6gredlite907 Ай бұрын

Technology doesn't matter if the vehicle doesn't sell well. It seems your biggest pitch isn't bringing in customers.

@alko_xo Ай бұрын

So far ahead of Tesla and the Chinese automakers! So, so far ahead! God bless the United Shaish!

@regolith1350 Ай бұрын

"Our cars are flying off the shelves by the... dozens every day! Our chances of becoming a major EV player have increased from 'when pigs fly' to 'a donkey's ass' with our new Saudi funding."

@just_fares6230 Ай бұрын

@@regolith1350 Frankly, I don't know why their stock market is so low. I've been comparisons between lucid and tesla and lucid wins ALWAYS. And the price difference isn't much

@6gredlite907 Ай бұрын

I don't know how he can say that when they never came close to any of their projected sales.

@TheJ1s Ай бұрын

Numbers show he shouldn't believe in what he saying about the sell of their EVs, however, if can other automakers to buy some of his tech and make their EVs better than this company can survive.

@alejandrosool 5 күн бұрын

Lucid is a pennystock 😂😂😂

@ahmedchowdhury3391 Ай бұрын

Jagx 100x phase 3data coming

@ahmedchowdhury3391 Ай бұрын

❤❤❤❤❤

@mikafiltenborg7572 Ай бұрын

Looooose-it Motors 😂😂😂

@nuxli2521 Ай бұрын

Warren is gonna have a field day with this 😂

@user-cj1np2qk1k Ай бұрын

@@nuxli2521 Warren can suck it.

@pbrigham Ай бұрын

Of course he do, you have to mlk the cow as long as possible, is not difficult to do an electric car with unlimited funds, now, making one profitable? that is only for a few CEOs.

@ItsBugsy Ай бұрын

Tesla was running off losses for so many years. Its how a startup works...

@pbrigham Ай бұрын

@@ItsBugsy Everyone wants to be the next Tesla, and are banking on the Tesla example success to keep unlimited funding for theirs operations, one day the music will, the only good thing this guy did was to sell his shares at 22, immediately, I mean immediately the lock period was over. He will milk the cow as long as he can.

@6gredlite907 Ай бұрын

@@ItsBugsylucid got the backing from a whole government. There are plenty of startups that survive on their own merits. This company would crumble without the help.

@ItsBugsy Ай бұрын

@@6gredlite907 Every startup would crumble without help. .