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MMMia
2021-11-29

Comparisons are meaningless. Valuation may be as well.

So they forecast 34000 vehicles next year say 1/2 are grand touring and 1/2 Dream. That's sales of 3.9b next year. 1.8m shares outstanding so sales are 2.17x shares. Ford is valued at .58x. That suggests that LCID is 4x overpriced rn, but that's just one metric showing how meaningless these comps are.$Lucid Group Inc(LCID)$ $Ford(F)$

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