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2021-09-29

Question : anyone knows how long did it take Tesla to break even before registering profits ? Pls share as this could be a yardstick for new EV manufacturers...

Lucid shares surged 7.7% in premarket trading

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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":862474764,"tweetId":"862474764","gmtCreate":1632907963087,"gmtModify":1632907963304,"author":{"id":3570103090255456,"idStr":"3570103090255456","authorId":3570103090255456,"authorIdStr":"3570103090255456","name":"JC888","avatar":"https://static.tigerbbs.com/ad2199c16f14d07418199e7ed168675d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":50,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Question : anyone knows how long did it take Tesla to break even before registering profits ? Pls share as this could be a yardstick for new EV manufacturers... </body></html>","htmlText":"<html><head></head><body>Question : anyone knows how long did it take Tesla to break even before registering profits ? Pls share as this could be a yardstick for new EV manufacturers... </body></html>","text":"Question : anyone knows how long did it take Tesla to break even before registering profits ? Pls share as this could be a yardstick for new EV manufacturers...","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/862474764","repostId":1171573566,"repostType":4,"repost":{"id":"1171573566","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632902456,"share":"https://www.laohu8.com/m/news/1171573566?lang=&edition=full","pubTime":"2021-09-29 16:00","market":"us","language":"en","title":"Lucid shares surged 7.7% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1171573566","media":"Tiger Newspress","summary":"Lucid shares surged 7.7% in premarket trading as Lucid to start deliveries of electric cars with ran","content":"Lucid shares surged 7.7%&nbsp;in premarket trading&nbsp;as&nbsp;Lucid to start deliveries of electric cars with range exceeding Tesla's in October.\n<img src=\"https://static.tigerbbs.com/2d4baac8414bea9198c7d835db8a8a17\" tg-width=\"850\" tg-height=\"621\" width=\"100%\" height=\"auto\">\nU.S. startup Lucid Group Inc&nbsp;said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated.\nThe California-based Lucid began production of its long-delayed Lucid Air cars at its Arizona factory on Tuesday, and said it aims to ramp plant's capacity up to 90,000 vehicles per annum in the next two years.\nThe top-end Lucid Air Dream Edition will be available in late October, followed by less expensive models: Grand Touring, Touring and Air Pure. The company said it has received more than 13,000 reservations for Lucid Air models, and it has increased the planned total production of the Lucid Air Dream Edition to 520 vehicles.\nA version of the Lucid Air Dream Edition, priced at $169,000, received an official U.S. government rating of a 520-mile (837 km) driving range, over 100 miles more than its closest rival, Tesla's Model S, which is priced at $89,990. The higher range helped lead to a 23% jump in Lucid's shares this month.\nSpeaking at the production site, Lucid Chief Executive Officer Peter Rawlinson, a former chief engineer on the Tesla Model S, said his company's cars have an advantage in battery technology and costs over the Model S.\n\"We've ridden customers of the fear of range anxiety,\" he said. \"The next big obstacle is cost effectiveness of electric cars. We've got to get the cost down.\"\nHe said the Air Pure, the least expensive version with a price tag of $77,400, will go into production late next year.\nEXECUTION CHALLENGE\nThe company, founded in 2007, received funding from Saudi Arabia's Public Investment Fund in 2018 before&nbsp;going public via a shell company&nbsp;in July.\n\"(20)17 and (20)18 were brutal. The company was in a parlous state. And then I've got to say, we met a perfect partner,\" he said.\nRawlinson, who left Tesla in 2012, faces tasks similar to those of Tesla in its early days, including how to address manufacturing challenges and scale up production.\n\"I think the big challenge for Lucid will be execution,\" said Sam Abuelsamid, a principal analyst at Guidehouse Insights. \"I think that they have a very good car. It's very attractive.\"\nTesla CEO Elon Musk said in June that Tesla has canceled its plan to launch a Model S Plaid+, with a target driving range of 520 miles,saying the Model S Plaid itself is \"just so good\".\nMusk reiterated this month that \"production is hard\".\n\"Production with positive cash flow is extremely hard,\" he said, citing carmakers' razor-thin margins.\nTesla's combined sales of Model S and Model X luxury models stood at only 1,890 in the second quarter of this year, down from 22,300 during the same period three years ago. Tesla does not break out figures for the two high-end models.\n\"The Model S doesn't look fundamentally different from a Model S nine years ago,\" Abuelsamid said. \"In the premium market, customers are looking for the latest and greatest.\"\nMusk in October 2020 cut the price of its Model S, shortly after Lucid announced the pricing of its base model. \"The gauntlet has been thrown down! The prophecy will be fulfilled,\" he tweeted at that time.\nElectric vehicle maker Rivian, backed by Amazon.com Inc&nbsp;and now preparing for apublic stock listing, earlier this month started production ofelectric pickup trucks. That move came ahead of similar expected moves by Tesla, General Motors Co&nbsp;and Ford Motor Co.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lucid shares surged 7.7% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLucid shares surged 7.7% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-09-29 16:00\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\nLucid shares surged 7.7%&nbsp;in premarket trading&nbsp;as&nbsp;Lucid to start deliveries of electric cars with range exceeding Tesla's in October.\n<img src=\"https://static.tigerbbs.com/2d4baac8414bea9198c7d835db8a8a17\" tg-width=\"850\" tg-height=\"621\" width=\"100%\" height=\"auto\">\nU.S. startup Lucid Group Inc&nbsp;said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated.\nThe California-based Lucid began production of its long-delayed Lucid Air cars at its Arizona factory on Tuesday, and said it aims to ramp plant's capacity up to 90,000 vehicles per annum in the next two years.\nThe top-end Lucid Air Dream Edition will be available in late October, followed by less expensive models: Grand Touring, Touring and Air Pure. The company said it has received more than 13,000 reservations for Lucid Air models, and it has increased the planned total production of the Lucid Air Dream Edition to 520 vehicles.\nA version of the Lucid Air Dream Edition, priced at $169,000, received an official U.S. government rating of a 520-mile (837 km) driving range, over 100 miles more than its closest rival, Tesla's Model S, which is priced at $89,990. The higher range helped lead to a 23% jump in Lucid's shares this month.\nSpeaking at the production site, Lucid Chief Executive Officer Peter Rawlinson, a former chief engineer on the Tesla Model S, said his company's cars have an advantage in battery technology and costs over the Model S.\n\"We've ridden customers of the fear of range anxiety,\" he said. \"The next big obstacle is cost effectiveness of electric cars. We've got to get the cost down.\"\nHe said the Air Pure, the least expensive version with a price tag of $77,400, will go into production late next year.\nEXECUTION CHALLENGE\nThe company, founded in 2007, received funding from Saudi Arabia's Public Investment Fund in 2018 before&nbsp;going public via a shell company&nbsp;in July.\n\"(20)17 and (20)18 were brutal. The company was in a parlous state. And then I've got to say, we met a perfect partner,\" he said.\nRawlinson, who left Tesla in 2012, faces tasks similar to those of Tesla in its early days, including how to address manufacturing challenges and scale up production.\n\"I think the big challenge for Lucid will be execution,\" said Sam Abuelsamid, a principal analyst at Guidehouse Insights. \"I think that they have a very good car. It's very attractive.\"\nTesla CEO Elon Musk said in June that Tesla has canceled its plan to launch a Model S Plaid+, with a target driving range of 520 miles,saying the Model S Plaid itself is \"just so good\".\nMusk reiterated this month that \"production is hard\".\n\"Production with positive cash flow is extremely hard,\" he said, citing carmakers' razor-thin margins.\nTesla's combined sales of Model S and Model X luxury models stood at only 1,890 in the second quarter of this year, down from 22,300 during the same period three years ago. Tesla does not break out figures for the two high-end models.\n\"The Model S doesn't look fundamentally different from a Model S nine years ago,\" Abuelsamid said. \"In the premium market, customers are looking for the latest and greatest.\"\nMusk in October 2020 cut the price of its Model S, shortly after Lucid announced the pricing of its base model. \"The gauntlet has been thrown down! The prophecy will be fulfilled,\" he tweeted at that time.\nElectric vehicle maker Rivian, backed by Amazon.com Inc&nbsp;and now preparing for apublic stock listing, earlier this month started production ofelectric pickup trucks. That move came ahead of similar expected moves by Tesla, General Motors Co&nbsp;and Ford Motor Co.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171573566","content_text":"Lucid shares surged 7.7% in premarket trading as Lucid to start deliveries of electric cars with range exceeding Tesla's in October.\n\nU.S. startup Lucid Group Inc said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated.\nThe California-based Lucid began production of its long-delayed Lucid Air cars at its Arizona factory on Tuesday, and said it aims to ramp plant's capacity up to 90,000 vehicles per annum in the next two years.\nThe top-end Lucid Air Dream Edition will be available in late October, followed by less expensive models: Grand Touring, Touring and Air Pure. The company said it has received more than 13,000 reservations for Lucid Air models, and it has increased the planned total production of the Lucid Air Dream Edition to 520 vehicles.\nA version of the Lucid Air Dream Edition, priced at $169,000, received an official U.S. government rating of a 520-mile (837 km) driving range, over 100 miles more than its closest rival, Tesla's Model S, which is priced at $89,990. The higher range helped lead to a 23% jump in Lucid's shares this month.\nSpeaking at the production site, Lucid Chief Executive Officer Peter Rawlinson, a former chief engineer on the Tesla Model S, said his company's cars have an advantage in battery technology and costs over the Model S.\n\"We've ridden customers of the fear of range anxiety,\" he said. \"The next big obstacle is cost effectiveness of electric cars. We've got to get the cost down.\"\nHe said the Air Pure, the least expensive version with a price tag of $77,400, will go into production late next year.\nEXECUTION CHALLENGE\nThe company, founded in 2007, received funding from Saudi Arabia's Public Investment Fund in 2018 before going public via a shell company in July.\n\"(20)17 and (20)18 were brutal. The company was in a parlous state. And then I've got to say, we met a perfect partner,\" he said.\nRawlinson, who left Tesla in 2012, faces tasks similar to those of Tesla in its early days, including how to address manufacturing challenges and scale up production.\n\"I think the big challenge for Lucid will be execution,\" said Sam Abuelsamid, a principal analyst at Guidehouse Insights. \"I think that they have a very good car. It's very attractive.\"\nTesla CEO Elon Musk said in June that Tesla has canceled its plan to launch a Model S Plaid+, with a target driving range of 520 miles,saying the Model S Plaid itself is \"just so good\".\nMusk reiterated this month that \"production is hard\".\n\"Production with positive cash flow is extremely hard,\" he said, citing carmakers' razor-thin margins.\nTesla's combined sales of Model S and Model X luxury models stood at only 1,890 in the second quarter of this year, down from 22,300 during the same period three years ago. Tesla does not break out figures for the two high-end models.\n\"The Model S doesn't look fundamentally different from a Model S nine years ago,\" Abuelsamid said. \"In the premium market, customers are looking for the latest and greatest.\"\nMusk in October 2020 cut the price of its Model S, shortly after Lucid announced the pricing of its base model. \"The gauntlet has been thrown down! The prophecy will be fulfilled,\" he tweeted at that time.\nElectric vehicle maker Rivian, backed by Amazon.com Inc and now preparing for apublic stock listing, earlier this month started production ofelectric pickup trucks. That move came ahead of similar expected moves by Tesla, General Motors Co and Ford Motor Co.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":132,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/862474764"}