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tcwdoggy

tcwdoggy

a dog

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2021-11-16

Steady as she goes

抱歉，原内容已删除

2021-07-23

How to vote?

EV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders

2021-02-24

$RMG Acquisition Corp. II(RMGB)$ $RMG Acquisition Corp. II(RMGB)$ When going to write off this investment?

2021-02-02

$TAT HONG EQUIP(02153)$ Is Tat Hong affected by situation in Myanmar?

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vote?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175437047","repostId":"1117826249","repostType":2,"repost":{"id":"1117826249","kind":"news","pubTimestamp":1627004492,"share":"https://www.laohu8.com/m/news/1117826249?lang=&edition=full","pubTime":"2021-07-23 09:41","market":"us","language":"en","title":"EV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders","url":"https://stock-news.laohu8.com/highlight/detail?id=1117826249","media":"Bloomberg","summary":"(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a ","content":"<p>(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval.</p>\n<p>Churchill Capital Corp. IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a new statement for shareholders to sign off on the deal. Churchill’s shares fell as much as 4.8% before retracing about half the loss.</p>\n<p>“The company still needs additional votes to obtain approval for that proposal by a majority of its outstanding shares,” according to the statement. “As a result, the meeting has been adjourned to obtain the required votes.”</p>\n<p>The two companies are trying to woo the very investors who pushed Churchill’s shares up more than 130% this year, including individual holders who are new to investing and who may not bother to vote their relatively small stakes. To an extent, it’s another case of Wall Street having to adjust to disruptions caused by novice traders, whose influx has fueled and sometimes collided with the boom in SPAC deals.</p>\n<p>In an investor update shortly after the meeting was adjourned, Klein addressed investors who may have picked up shares in Churchill via trading platforms such as Robinhood.</p>\n<p>“We welcome all of the new shareholders,” Klein said. “However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote,” Klein said. He added that the process “literally takes one minute.”</p>\n<p>Multiple notices have been sent to shareholders, with Lucid Chief Executive Officer Peter Rawlinson singling out Robinhood users “with those diamond hands” in a video posted to social media earlier this week. The voting deadline was extended Thursday morning just hours before the meeting was set to take place. Churchill also asked investors who were holders of record to vote even if they’ve already sold their shares.</p>\n<p>Biggest SPAC</p>\n<p>Churchill’s announced merger with Lucid in February was then the largest proposed SPAC deal ever. The stock surged more than 500% at one point, bid up amid enthusiasm for the green revolution and the waning of the internal combustion engine.</p>\n<p>But Lucid delayed the start of production more than once over the course of the pandemic as it faced industry-wide supply-chain issues and quality-control concerns. Rawlinson has said Lucid is on track to start production for customer deliveries in the second half of 2021.</p>\n<p>Rawlinson, who spoke after Klein from a factory in Arizona, said the team was “energized about going into full production mode” later this year and reiterated Klein’s plea to shareholders.</p>\n<p>The last proposal that needs approval will complete a business combination that “provides me with that crucial financing that I need to grow and propel this great company,” Rawlinson said. “I want to be super clear about this, I need you to vote.”</p>","source":"lsy1612507957220","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>EV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders</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\">\nEV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ev-startup-lucid-risks-collapse-152705029.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ev-startup-lucid-risks-collapse-152705029.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://finance.yahoo.com/news/ev-startup-lucid-risks-collapse-152705029.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117826249","content_text":"(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval.\nChurchill Capital Corp. IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a new statement for shareholders to sign off on the deal. Churchill’s shares fell as much as 4.8% before retracing about half the loss.\n“The company still needs additional votes to obtain approval for that proposal by a majority of its outstanding shares,” according to the statement. “As a result, the meeting has been adjourned to obtain the required votes.”\nThe two companies are trying to woo the very investors who pushed Churchill’s shares up more than 130% this year, including individual holders who are new to investing and who may not bother to vote their relatively small stakes. To an extent, it’s another case of Wall Street having to adjust to disruptions caused by novice traders, whose influx has fueled and sometimes collided with the boom in SPAC deals.\nIn an investor update shortly after the meeting was adjourned, Klein addressed investors who may have picked up shares in Churchill via trading platforms such as Robinhood.\n“We welcome all of the new shareholders,” Klein said. “However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote,” Klein said. He added that the process “literally takes one minute.”\nMultiple notices have been sent to shareholders, with Lucid Chief Executive Officer Peter Rawlinson singling out Robinhood users “with those diamond hands” in a video posted to social media earlier this week. The voting deadline was extended Thursday morning just hours before the meeting was set to take place. Churchill also asked investors who were holders of record to vote even if they’ve already sold their shares.\nBiggest SPAC\nChurchill’s announced merger with Lucid in February was then the largest proposed SPAC deal ever. The stock surged more than 500% at one point, bid up amid enthusiasm for the green revolution and the waning of the internal combustion engine.\nBut Lucid delayed the start of production more than once over the course of the pandemic as it faced industry-wide supply-chain issues and quality-control concerns. Rawlinson has said Lucid is on track to start production for customer deliveries in the second half of 2021.\nRawlinson, who spoke after Klein from a factory in Arizona, said the team was “energized about going into full production mode” later this year and reiterated Klein’s plea to shareholders.\nThe last proposal that needs approval will complete a business combination that “provides me with that crucial financing that I need to grow and propel this great company,” Rawlinson said. “I want to be super clear about this, I need you to vote.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361061862,"gmtCreate":1614179552456,"gmtModify":1634550835832,"author":{"id":"3554875055357013","authorId":"3554875055357013","name":"tcwdoggy","avatar":"https://static.tigerbbs.com/822c96dd6a3be56526f50090a5b3f6de","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554875055357013","authorIdStr":"3554875055357013"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/RMGB\">$RMG Acquisition Corp. II(RMGB)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/RMGB\">$RMG Acquisition Corp. II(RMGB)$</a> When going to write off this investment?","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/RMGB\">$RMG Acquisition Corp. II(RMGB)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/RMGB\">$RMG Acquisition Corp. II(RMGB)$</a> When going to write off this investment?","text":"$RMG Acquisition Corp. II(RMGB)$ $RMG Acquisition Corp. II(RMGB)$ When going to write off this investment?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361061862","isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315664024,"gmtCreate":1612245513568,"gmtModify":1703759228855,"author":{"id":"3554875055357013","authorId":"3554875055357013","name":"tcwdoggy","avatar":"https://static.tigerbbs.com/822c96dd6a3be56526f50090a5b3f6de","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554875055357013","authorIdStr":"3554875055357013"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/02153\">$TAT HONG EQUIP(02153)$</a> Is Tat Hong affected by situation in Myanmar?","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/02153\">$TAT HONG EQUIP(02153)$</a> Is Tat Hong affected by situation in Myanmar?","text":"$TAT HONG EQUIP(02153)$ Is Tat Hong affected by situation in Myanmar?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/315664024","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":871388656,"gmtCreate":1637026590879,"gmtModify":1637026590879,"author":{"id":"3554875055357013","authorId":"3554875055357013","name":"tcwdoggy","avatar":"https://static.tigerbbs.com/822c96dd6a3be56526f50090a5b3f6de","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554875055357013","authorIdStr":"3554875055357013"},"themes":[],"htmlText":"Steady as she goes&nbsp;","listText":"Steady as she goes&nbsp;","text":"Steady as she goes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871388656","repostId":"2183907418","repostType":2,"repost":{"id":"2183907418","kind":"news","pubTimestamp":1637020461,"share":"https://www.laohu8.com/m/news/2183907418?lang=&edition=full","pubTime":"2021-11-16 07:54","market":"us","language":"en","title":"Lucid Stock Gains as Q3 Shows No Major Surprises for 'Car of the Year' Recipient","url":"https://stock-news.laohu8.com/highlight/detail?id=2183907418","media":"StreetInsider","summary":"Lucid Group, Inc.  shares were trading around 1.3% higher after-hours following the company’s report","content":"<p><a href=\"https://laohu8.com/S/LCID\">Lucid Group, Inc. </a> shares were trading around 1.3% higher after-hours following the company’s reported Q3 results, with EPS coming in at ($0.43), compared to ($6.64) in Q3/20.</p>\n<p>Quarterly revenue was $232,000, compared to $334,000 in Q3/20. Customer reservations grew to 13,000 during the quarter, reflecting an order book of around $1.3 billion. In Q3 the company significantly strengthened its balance sheet via the closing of the de-SPAC reverse merger + PIPE, closing the quarter with approximately $4.8 billion in cash.</p>\n<p>Earlier today, the company's first car, the Luicd Air, received MotorTrend's Car of the Year. It's the first time any automaker has won the award with its first car.</p>\n<p><img src=\"https://static.tigerbbs.com/5bc7a7e4199e26df17008cd8c5169e52\" tg-width=\"874\" tg-height=\"649\" referrerpolicy=\"no-referrer\"><b>Third Quarter Financial Highlights</b></p>\n<ul>\n <li>In the third quarter of 2021, Lucid significantly strengthened its balance sheet through the closing of the de-SPAC reverse merger + PIPE, bringing approximately$4.4Bonto Lucid's balance sheet.</li>\n <li>Continued to invest in the business, readying production and deliveries, globalization of our retail network and adding headcount across R&amp;D and SG&amp;A to continue growing our core operations.</li>\n <li>Initiated investment in property, plant, and equipment associated with Phase 2 expansion of manufacturing, continued investment in vehicle program development, and ongoing expansion of retail, delivery, and service capacities.</li>\n</ul>\n<p><b>Third Quarter Business Highlights</b></p>\n<ul>\n <li><b>Received EPA Certification as Longest Range Production EV</b>: Lucid's technological prowess is a key differentiator for the company, with a \"clean-sheet\" approach to vehicle development that resulted in the ground-breaking Lucid Air, with six trim variants whose range exceeds 450 miles on a single charge. The Dream Edition R achieves 520 miles of range on a single charge.</li>\n <li><b>Refined Quality and Received Certifications</b>: In the third quarter of 2021, Lucid's engineering efforts were focused on optimizing product quality and delivering final certifications in the lead-up to factory commissioning and customer deliveries. Lucid's laser focus on engineering was validated through significant positive press and third-party validation by media, customers, and certification agencies like the EPA.</li>\n <li><b>Commissioned and Started Production at the First Greenfield, Dedicated EV Factory inNorth America</b>: AMP-1 inCasa Grande, AZ, is operational with production capacity to deliver up to 34,000 vehicles per year. Lucid is further differentiated with in-house powertrain manufacturing at Lucid Powertrain Manufacturing Plant (LPM-1) a few miles from AMP-1 inCasa Grande, AZ.</li>\n <li><b>Kicked off expansion of production capacity and capabilities</b>: Lucid kicked off the expansion of AMP-1's manufacturing capacity, expected to provide production capacity for up to 90,000 vehicles per year by the end of 2023, by expanding Lucid Air production capacity and adding production capacity for the \"Project Gravity\" SUV. The phase 2 expansion is expected to add2.85Msq. ft. of production footprint and will further vertically integrate production processes.</li>\n <li><b>Hosted Media, Customers and Lucid Stakeholders at AMP-1 Commissioning Event</b>: Lucid hosted a commissioning event for more than 150 customers, members of the media, institutional investors, and sell-side analysts, among other Lucid stakeholders.</li>\n <li><b>Continued Expanding Retail Network:</b>&nbsp;Lucid's direct-to-consumer sales are supported by brick-and-mortar retail studio and service center locations, delivering best-in-class customer experience in all elements of our customers' journey of vehicle ownership. Lucid expanded its footprint in Q3 to 13 locations in key geographies that align with Lucid's expected customer demand, and will continue expansion of its retail and service network, including expansion intoCanada(4Q'21), EMEA ('22), andChina('23), unlocking global demand for the sale of our product in the luxury vehicle marketplace.</li>\n <li><b>Increased Reservation Volume</b>: Surpassed 13,000 reservations in Q3 for estimated order book of greater than$1.3B.</li>\n <li><b>Announced Lucid Care</b>:&nbsp;Lucid announced Lucid Care, detailing our service capabilities and offerings.</li>\n</ul>\n<p><b>Looking Forward</b></p>\n<p>Looking ahead,Peter Rawlinsonnoted \"We see significant demand for the award-winning Lucid Air, with accelerating reservations as we ramp production at our factory inArizona. We remain confident in our ability to achieve 20,000 units in 2022. This target is not without risk given ongoing challenges facing the automotive industry, with global disruptions to supply chains and logistics. We are taking steps to mitigate these challenges, however, and look forward to the launch of the Grand Touring, Touring, and Pure versions of Lucid Air through 2022.\"</p>","source":"highlight_streetinsider","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 Stock Gains as Q3 Shows No Major Surprises for 'Car of the Year' Recipient</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 Stock Gains as Q3 Shows No Major Surprises for 'Car of the Year' Recipient\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19220968><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lucid Group, Inc.  shares were trading around 1.3% higher after-hours following the company’s reported Q3 results, with EPS coming in at ($0.43), compared to ($6.64) in Q3/20.\nQuarterly revenue was $...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19220968\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19220968","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183907418","content_text":"Lucid Group, Inc.  shares were trading around 1.3% higher after-hours following the company’s reported Q3 results, with EPS coming in at ($0.43), compared to ($6.64) in Q3/20.\nQuarterly revenue was $232,000, compared to $334,000 in Q3/20. Customer reservations grew to 13,000 during the quarter, reflecting an order book of around $1.3 billion. In Q3 the company significantly strengthened its balance sheet via the closing of the de-SPAC reverse merger + PIPE, closing the quarter with approximately $4.8 billion in cash.\nEarlier today, the company's first car, the Luicd Air, received MotorTrend's Car of the Year. It's the first time any automaker has won the award with its first car.\nThird Quarter Financial Highlights\n\nIn the third quarter of 2021, Lucid significantly strengthened its balance sheet through the closing of the de-SPAC reverse merger + PIPE, bringing approximately$4.4Bonto Lucid's balance sheet.\nContinued to invest in the business, readying production and deliveries, globalization of our retail network and adding headcount across R&D and SG&A to continue growing our core operations.\nInitiated investment in property, plant, and equipment associated with Phase 2 expansion of manufacturing, continued investment in vehicle program development, and ongoing expansion of retail, delivery, and service capacities.\n\nThird Quarter Business Highlights\n\nReceived EPA Certification as Longest Range Production EV: Lucid's technological prowess is a key differentiator for the company, with a \"clean-sheet\" approach to vehicle development that resulted in the ground-breaking Lucid Air, with six trim variants whose range exceeds 450 miles on a single charge. The Dream Edition R achieves 520 miles of range on a single charge.\nRefined Quality and Received Certifications: In the third quarter of 2021, Lucid's engineering efforts were focused on optimizing product quality and delivering final certifications in the lead-up to factory commissioning and customer deliveries. Lucid's laser focus on engineering was validated through significant positive press and third-party validation by media, customers, and certification agencies like the EPA.\nCommissioned and Started Production at the First Greenfield, Dedicated EV Factory inNorth America: AMP-1 inCasa Grande, AZ, is operational with production capacity to deliver up to 34,000 vehicles per year. Lucid is further differentiated with in-house powertrain manufacturing at Lucid Powertrain Manufacturing Plant (LPM-1) a few miles from AMP-1 inCasa Grande, AZ.\nKicked off expansion of production capacity and capabilities: Lucid kicked off the expansion of AMP-1's manufacturing capacity, expected to provide production capacity for up to 90,000 vehicles per year by the end of 2023, by expanding Lucid Air production capacity and adding production capacity for the \"Project Gravity\" SUV. The phase 2 expansion is expected to add2.85Msq. ft. of production footprint and will further vertically integrate production processes.\nHosted Media, Customers and Lucid Stakeholders at AMP-1 Commissioning Event: Lucid hosted a commissioning event for more than 150 customers, members of the media, institutional investors, and sell-side analysts, among other Lucid stakeholders.\nContinued Expanding Retail Network: Lucid's direct-to-consumer sales are supported by brick-and-mortar retail studio and service center locations, delivering best-in-class customer experience in all elements of our customers' journey of vehicle ownership. Lucid expanded its footprint in Q3 to 13 locations in key geographies that align with Lucid's expected customer demand, and will continue expansion of its retail and service network, including expansion intoCanada(4Q'21), EMEA ('22), andChina('23), unlocking global demand for the sale of our product in the luxury vehicle marketplace.\nIncreased Reservation Volume: Surpassed 13,000 reservations in Q3 for estimated order book of greater than$1.3B.\nAnnounced Lucid Care: Lucid announced Lucid Care, detailing our service capabilities and offerings.\n\nLooking Forward\nLooking ahead,Peter Rawlinsonnoted \"We see significant demand for the award-winning Lucid Air, with accelerating reservations as we ramp production at our factory inArizona. We remain confident in our ability to achieve 20,000 units in 2022. This target is not without risk given ongoing challenges facing the automotive industry, with global disruptions to supply chains and logistics. We are taking steps to mitigate these challenges, however, and look forward to the launch of the Grand Touring, Touring, and Pure versions of Lucid Air through 2022.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":315664024,"gmtCreate":1612245513568,"gmtModify":1703759228855,"author":{"id":"3554875055357013","authorId":"3554875055357013","name":"tcwdoggy","avatar":"https://static.tigerbbs.com/822c96dd6a3be56526f50090a5b3f6de","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554875055357013","authorIdStr":"3554875055357013"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/02153\">$TAT HONG EQUIP(02153)$</a> Is Tat Hong affected by situation in Myanmar?","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/02153\">$TAT HONG EQUIP(02153)$</a> Is Tat Hong affected by situation in Myanmar?","text":"$TAT HONG EQUIP(02153)$ Is Tat Hong affected by situation in Myanmar?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/315664024","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175437047,"gmtCreate":1627045925989,"gmtModify":1633768499490,"author":{"id":"3554875055357013","authorId":"3554875055357013","name":"tcwdoggy","avatar":"https://static.tigerbbs.com/822c96dd6a3be56526f50090a5b3f6de","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3554875055357013","authorIdStr":"3554875055357013"},"themes":[],"htmlText":"How to vote?","listText":"How to vote?","text":"How to vote?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175437047","repostId":"1117826249","repostType":2,"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}