$Lucid Gro_老虎社区_美港股上老虎

2021-09-24

$Lucid Group Inc(LCID)$ I'm sure LCID will pop, especially as we get close to full production, but man is it lofty.

The EV is an astounding $48.85B (I don't know what adds up to that figure, though)

The Market Cap is a whopping $43.40B, but less than their EV.

TTM Operating expenses is -$816 million

They have a little over $500 million in cash on hand and are burning through that pretty quickly. They'll need to raise money within the next 12 months no matter how successfully they execute.

Add to that the nonsense of building a similar plant in Saudi and, well...

I'm long but keeping an eye on the charts.

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