Lucid value being so low What are the chances it is ever bought by Apple or someone else ? I say Apple as there was news in the past that they are also doing something with cars It’s is such a good looking car but don’t know anything more about it other than the looks ~ 150
Their CEO salary is too high.
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Lots of layoffs this week!
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Meta E6 offer.
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Job market is brutal for SWEs 🥲
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Here are three stats about how your money is increasingly useless after the most recent inflation report
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Databricks vs Google in prestige?
Nope. Lucid is backed by PIF. They will never sell.
At this rate won’t they go bankrupt ? I know PIF can just pump in more money but this below is from a Google search For Lucid, the cost of goods sold is almost three times the revenue. This means that the fundamental business model is inherently flawed. In addition, the company has an annual cash burn of $3.6 billion with only $4.4 billion left in ST and cash.
Saudi money has no brakes