Boiler Room: The Official Stock Market Discussion

[FabTrey]

I get the lucid/CCIV hype. it's sexy with a legit product. They are like NKLA without all the bullshyt and real legit product. a former TSLA guy with a legit plan and vision. shyt looks promising.

BUT

unless they make an affordable EV, they are not gonna put any dent on sales. it's really hard to make an affordable EV and be profitable. and since they are a LUXURY brand they most likely will stay true to their core brand identity - a luxury EV.

so basically they are a niche and most likely will remain niche for awhile. there aren't enough people lining up buying 100k car. not now, not in the future. for me to buy in and invest in the long term, i have to wait it out few years and see how they perform and how can they scale with more approchable product.


having said all that i can see it getting to near $100 and then cool down. most likely it won't crash like NKLA or SHLL because they got a sexy product. people are dying to see another EV company.

 

[winb83]

I get the lucid/CCIV hype. it's sexy with a legit product. They are like NKLA without all the bullshyt and real legit product. a former TSLA guy with a legit plan and vision. shyt looks promising.

BUT

unless they make an affordable EV, they are not gonna put any dent on sales. it's really hard to make an affordable EV and be profitable. and since they are a LUXURY brand they most likely will stay true to their core brand identity - a luxury EV.

so basically they are a niche and most likely will remain niche for awhile. there aren't enough people lining up buying 100k car. not now, not in the future. for me to buy in and invest in the long term, i have to wait it out few years and see how they perform and how can they scale with more approchable product.


having said all that i can see it getting to near $100 and then cool down. most likely it won't crash like NKLA or SHLL because they got a sexy product. people are dying to see another EV company.

Tesla doesn’t make an affordable EV at a profit. Lucid can get to profitability the same way Tesla does now. Sell cars at a loss and then sell the eco credits to other car companies.

 

[Serious]

Bumble wasn’t playing their ipo is next week

 

[Serious]

I get the lucid/CCIV hype. it's sexy with a legit product. They are like NKLA without all the bullshyt and real legit product. a former TSLA guy with a legit plan and vision. shyt looks promising.

BUT

unless they make an affordable EV, they are not gonna put any dent on sales. it's really hard to make an affordable EV and be profitable. and since they are a LUXURY brand they most likely will stay true to their core brand identity - a luxury EV.

so basically they are a niche and most likely will remain niche for awhile. there aren't enough people lining up buying 100k car. not now, not in the future. for me to buy in and invest in the long term, i have to wait it out few years and see how they perform and how can they scale with more approchable product.


having said all that i can see it getting to near $100 and then cool down. most likely it won't crash like NKLA or SHLL because they got a sexy product. people are dying to see another EV company.

I might be the only person here but I wasn’t impressed by lucid when I you know
looked into the company. I get the design is cool but so is fisker. I get they have a product unlike others but their business model seems very impractical, given what they’re trying do. They’re bleeding cash and the way their business model is setup they’ll be bleeding a lot in the future. Also for anything thinking about chiming into say that they have a similar business model to Tesla currently, remember this Tesla is a different beast right now because their because business model is also dependent on constantly increasing volume at this stage.

 

[FabTrey]

Tesla doesn’t make an affordable EV at a profit. Lucid can get to profitability the same way Tesla does now. Sell cars at a loss and then sell the eco credits to other car companies.

Last i checked a model 3 makes around 3k per vehicle. and relatively speaking it's a very affordable car(under 40k).

It took Tesla damn near 10 years to be profitable even with zev credits, but profitability wasn't even Tesla's goal.

What Lucid needs to do is focus on building the reputation and make great high end luxury EV. It's ok to be niche.

 

[chkmeout]

Tesla doesn’t make an affordable EV at a profit. Lucid can get to profitability the same way Tesla does now. Sell cars at a loss and then sell the eco credits to other car companies.

Not sure about that, with great quality EVs from established auto manufacturers already available near the price range. Then you have vehicles coming at 1/3 the price with good quality also (mustang mach e)

 

[FabTrey]

I might be the only person here but I wasn’t impressed by lucid when I you know
looked into the company. I get the design is cool but so is fisker. I get they have a product unlike others but their business model seems very impractical, given what they’re trying do. They’re bleeding cash and the way their business model is setup they’ll be bleeding a lot in the future. Also for anything thinking about chiming into say that they have a similar business model to Tesla currently, remember this Tesla is a different beast right now because their because business model is also dependent on constantly increasing volume at this stage.

there's so many hurdles in front of them. scaling a car company is hard as hell.

as far as the product goes i think they are on point. it's a very nice luxury EV sedan. but that's the problem. it's a sedan. Sedans are dying. Luxury sedans? it's practically dead.

But since this is a new EV it probably will eat some model S's pie. but that's not gonna be enough to create a cult like fan base and create a desirable brand. At least not yet. It will take time.

 

[Tanahashi Coates]

Any cheapos looking at OCGN?

 

[BlackBall]

Any cheapos looking at OCGN?

In

 

[Liu Kang]

My only annoyance with the EVs like Lucid is that they are luxury cars. I get that it's the best path to make profit with the heavy cost of R&D factored in but I wish there was a EV startups that focused on less techy but more family friendly car. NIO is Chinese made and their basic Sedan is still around 40K.

On the same topic, do we know if there are companies that make electric bikes ? I know Sondors got one in the oven that is more than a prototype but I feel it would be a good wave to ride. That Sondors bike is priced at 5K also which is excellent pricing.

 

[Liu Kang]

I was DDing ZYNE yesterday and found it bottoming at that price and interesting for an upward move as it looks like it could be in accumulation phase. It was around 3.5 and it's not 4.3 in pre-market. I should have trusted my guts Only issue is that I their CBD gel isn't yet FDA approved.


EDIT : I was also looking at LKCO too but I don't trust those Chinese companies like that. Their website looks good but their products are too vague. Still probably good for a short term play I think.

 

[NatiboyB]

My only annoyance with the EVs like Lucid is that they are luxury cars. I get that it's the best path to make profit with the heavy cost of R&D factored in but I wish there was a EV startups that focused on less techy but more family friendly car. NIO is Chinese made and their basic Sedan is still around 40K.

On the same topic, do we know if there are companies that make electric bikes ? I know Sondors got one in the oven that is more than a prototype but I feel it would be a good wave to ride. That Sondors bike is priced at 5K also which is excellent pricing.

IDEX...nvm I thought I read that they were handling a company that did electric bikes also.

 

[dora_da_destroyer]

My only annoyance with the EVs like Lucid is that they are luxury cars. I get that it's the best path to make profit with the heavy cost of R&D factored in but I wish there was a EV startups that focused on less techy but more family friendly car. NIO is Chinese made and their basic Sedan is still around 40K.

On the same topic, do we know if there are companies that make electric bikes ? I know Sondors got one in the oven that is more than a prototype but I feel it would be a good wave to ride. That Sondors bike is priced at 5K also which is excellent pricing.

people been sleeping on NIU - e-scooters, i'm up 150% on that

 

[Skooby]

bruh SQ and AAPL will continue printing for the foreseeable future

some of you cats be overtrading doing way too much chasing small gains (not targeting you)

pick 5 or 6 companies/ETFs you believe in and load the boat on the dips/pull-backs for the next 10-15 years. It’s literally that simple. Long term investing is ALWAYS going to win-out over hyper trading

Quoted for emphasis...

 

[L&HH]

Alot of talk of CBBT being the next SAVA...