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RE: LeoThread 2025-02-10 00:58

in LeoFinance4 days ago

Part 3/7:

Back in its 2021 investor roadmap, Lucid provided a detailed outlook of its plans focusing predominantly on vehicle sales, showcasing its first model, the Lucid Air, touted for its impressive range and features. The document characterized future growth opportunities largely through direct sales of their EVs rather than technology licensing. Lucid projected to deliver around 135,000 vehicles by 2025, a target that now seems wildly optimistic as current estimates suggest they may only manage a fraction of that.

Current Realities and Competitor Landscape