Bloomberg Technology
Lucid CEO Says Production of Debut Car Is Delayed
Feb.23 — Electric-vehicle startup Lucid Motors Inc. is going public in a massive SPAC deal that gives the company a forma equity value of $24 billion. Lucid is merging with Churchill Capital Corp IV, the special-purpose acquisition company run by financier Michael Klein. Lucid CEO Peter Rawlinson says production of its debut car will be delayed until…
Bloomberg Technology
Bloomberg Technology 04/24/2024
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Caroline Hyde in New York and Ed Ludlow from San Francisco. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco…
Bloomberg Technology
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Chemicals maker Syensqo prepares to break ground at its site in Augusta, Georgia tomorrow, which will serve as North America’s largest capacity production facility for Polyvinylidene fluoride. CEO Ilham Kadri speaks with Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full…
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Jason Heilman - Musical Remedies
February 23, 2021 at 10:11 pm
This company is looking worse and worse
Elon: no worries
Βύρωνας Λαδιάς
February 23, 2021 at 11:36 pm
how
RocCity King
February 23, 2021 at 10:11 pm
Second half of the quarter so does that mean the summer time or fall?
Aaron C
February 24, 2021 at 1:11 am
Summer
Raul Tineo
February 23, 2021 at 10:17 pm
Saw my profits rawling away last night after hours….
Bit of Wizdomb
February 23, 2021 at 10:32 pm
Get it right lucid Jesus Christ ugh 🤦🏼♂️
Jonathan Villareal
February 23, 2021 at 10:38 pm
Let’s sign a petition
Peter rawlinson the new Siri voice lol
George Robinson
February 23, 2021 at 10:42 pm
What I read from this is, Ford, GM, VW, MB, BMW, or any big conventional automakers, please buy us!
Garfield Grant
February 23, 2021 at 10:45 pm
Lucid sells shares not cars
Garfield Grant
February 23, 2021 at 10:47 pm
They’ve had these cars for over 4 years still no car and more delays but all of a sudden they are better than Tesla. BS
Garfield Grant
February 23, 2021 at 10:47 pm
How can you be a technology company without a product
Garfield Grant
February 23, 2021 at 10:48 pm
How dear this guy mention Tesla
Garfield Grant
February 23, 2021 at 10:48 pm
Build quality only counts when you build something bud.
mmafandan
February 23, 2021 at 10:55 pm
For everyone completely losing faith in this company remember when Tesla had a shit ton of issues regarding production??
Chris Drullinger
February 23, 2021 at 10:57 pm
True salesman with no car to show
MrSlyxx
February 23, 2021 at 10:58 pm
Oh please… we already knew this. Lucid is still going to be the best.
John Leung
February 23, 2021 at 11:04 pm
Delay as expected
jrak
February 23, 2021 at 11:26 pm
Good
KISSMIBUT27
February 23, 2021 at 11:29 pm
At most Tesla had a qualified model before going public. These fraud companies now don’t even have a working prototype let alone qualified vehicle for sale. Hopefully no one buys the stock. This dude is just like Trevor Milton.
Jon Russe
February 23, 2021 at 11:33 pm
Already diluted 1.6 billion shares and going back to capital markets soon….what’s the endgame? 2 billion?
S Sawa
February 23, 2021 at 11:51 pm
I’m down $17000 because of this…
djayjp
February 24, 2021 at 12:03 am
Lol immediately after the IPO? WTF how is that not illegal?!!
Vinson Bell
February 24, 2021 at 12:07 am
Lucid reminds me of the DeLorean. Nice design but was never commercially viable.
Alejandro Pol
February 24, 2021 at 12:19 am
Good point. We have a different EV market nowadays.
J M
February 24, 2021 at 12:40 am
The interviewer looks so much like a gym rat version of Alfred E Nueman that I can’t take him seriously
Damien Donnelly
February 24, 2021 at 1:10 am
“Pull the trigger when the time is right”. Meanwhile Elon is conducting Blitzkrieg in Germany, China, India, Texas.
galaxy905
February 24, 2021 at 1:17 am
Very good interviewer! Impressed
Precious
February 24, 2021 at 4:39 am
Holding my $14 average. . Long term money will be made.
Mark Plott
February 24, 2021 at 5:41 pm
CCIV to $0
Precious
February 24, 2021 at 6:16 pm
K
darren meyers
February 24, 2021 at 6:01 am
Perfect. Looking forward to the future 👍🚀🦾
Primping
February 24, 2021 at 6:23 am
Shocker. Another Hylion.
Mark Plott
February 24, 2021 at 5:46 pm
NIKOLA 2.0
Mahesh Bugnath
February 24, 2021 at 7:16 am
Second half of the year sounds not too bad. If you’re producing a luxury car to compete with the Porsche Taycan or Mercedes EQ, then you better get your quality right. Those brands have been around for a while and they know how to make luxury products. If Lucid’s motors are genuine and have been independently assessed and are replicable then it’s not a scam. Smoothing out quality issues is quite desirable.
ARGAMAWOO
February 24, 2021 at 7:30 am
Peter Rowlinson sounds like “J.A.R.V.I.S” father.
R H
February 24, 2021 at 8:31 am
I don’t trust this guy
Tobechukwu Ezeana
February 24, 2021 at 9:04 am
This man is flauting the Saudis backing. The Saudis are begging the Qataris to provide funding for oil field investment. And i ask, “What is actually going on at Lucid”
Michael Babich
February 24, 2021 at 9:28 am
Car companies should stop becoming public before they release any product.
BlueToad
February 24, 2021 at 12:10 pm
Yes, that would make them look a lot more serious and let’s likely to be a scam
Low Down
February 24, 2021 at 11:16 am
Elon is a lot more exciting to watch 😂
BlueToad
February 24, 2021 at 11:46 am
He wants to mass produce EV power trains like no other company has? Errr….Tesla?
BlueToad
February 24, 2021 at 11:54 am
I’m not at all surprised to see them delay the start of deliveries, in fact I expect them not to deliver this year at all and Peter Rawlins will probably not be CEO this time next year. Lucid have an expensive collection of prototypes right now. That’s all they have. They are selling stock. They compete with neither Mercedes nor Tesla.
epic 91
February 24, 2021 at 1:19 pm
You can clearly see that he is not in “charge” of this structure. That said, I cant trust this anymore.
TheCraig031272
February 24, 2021 at 4:21 pm
Peter Rawlinsin: Our product competes with Mercedes Benz, our tech competes with Tesla.
If this is proven to be correct then Lucids future should be a bright one
Mark Plott
February 24, 2021 at 5:42 pm
LUCID can’t even get Software right.
Luciano Calia
February 24, 2021 at 4:24 pm
I car should be good looking to be sellable
C J
February 24, 2021 at 4:28 pm
It’s funny watching all these paper hands turn to extreme bears after buying an overpriced spac, watching it dip, then blaming peter and Klein for their stupidity
Randell Clarke
February 24, 2021 at 4:32 pm
“The Bluest of the blue chip investors”. Apple car pending….
Mark Plott
February 24, 2021 at 5:53 pm
LUCID motors is FRADULANT, only $4.5M in cash with a $8.5 M cash burn over few years.
LUCID won’t be PROFITABLE till 2025.!!!!
Rob Ferguson
February 24, 2021 at 5:56 pm
This guy is the biggest sellout ever. He basically handed over control of his company to the financial guys. Screwed the whole EV movement in the process. He should be prosecuted.
Mark Plott
February 24, 2021 at 6:05 pm
PETER runs a FLEA Circus, fraud, it’s all smoke and mirrors.
Big Smoke
February 24, 2021 at 6:31 pm
Great short-mid-long term hold ! Love this company
napmaster383
February 24, 2021 at 7:27 pm
Clearly they are delaying production to add Peter Rawlinson’s voice as an alternative option to Siri.
alex heaston
February 24, 2021 at 7:30 pm
Tesla was at this point once remember that…
teuschitz. com
February 24, 2021 at 8:33 pm
haha… we absolutely delute your shares – with all of the bluest of the blue passion 😂
SL twentyeight
February 24, 2021 at 10:48 pm
may just be the news but seems like investing in SPAC merged companies is not really buying the company but the managers behind the SPAC.
D’alexander
February 25, 2021 at 12:47 am
Scam detected scam detected