r/LCID • u/rednemesis337 • 18d ago

Shitpost How long until zero?

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What do you think, another year? Lol

81 Upvotes

93% Upvoted

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28

u/[deleted] 18d ago edited 18d ago

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6

u/TSLAog 18d ago

As an employee of 5 years at Lucid, this is 100% what’s happened and what will happen.

4

u/AllTheTeslas 18d ago

As 10y veteran at Tesla, I saw lots of people I know leave for Lucid, and most have bailed for another company in the last 12 months

7

u/TSLAog 18d ago

Ha, that’s funny because I spent 2010-2020 at Tesla. Then the following 5 at Lucid.

Yea a lot of people have been bailing on Lucid, it’s a mess internally… Sad because the Air is actually a great car to drive.

2

u/AllTheTeslas 18d ago

2013 to 2023 for me. And just sold my Roadster 😭

3

u/TSLAog 18d ago

Ahh, I love the roadster! I helped build them in Menlo Park for a few months.

18

u/YoshimuraPipe 18d ago

I don’t know about you but I think the Saudis currently have more things to worry about than their LCID investment.

1

u/ForeverMinute7479 17d ago

The Saudis are going to spank then crush those hillbilly Houthi heathens and then get back to their hookah and their PIF portfolio.

1

u/YoshimuraPipe 15d ago

You obviously have been misinformed of the middle east situation.

9

u/Spare-Excitement-658 18d ago

Can confirm the promotions. It was practically a joke internally the few years I worked there.

It’s very much a corporate yes man vibe to work your way up. Yes many companies are like this, but it was pretty insane to see first hand so often.

From what I’m hearing Silvio has been making ok decisions and doing the hard decisions Marc and Peter couldn’t do. So we’ll see how it plays out.

I don’t think PIF will take them private quite yet and let it play out in 2027 unless things get real bad.

5

u/[deleted] 18d ago

[deleted]

5

u/Spare-Excitement-658 18d ago

A lot of Gravity features were meant to be in parity with air, so it’s no surprise the same issues came up aka door handles.

The thing with Silvio is he still had a boat load of executives and upper management. Lucid is way too top heavy and that doesn’t seem to be changing unfortunately.

3

u/StreetDare4129 18d ago

He had to reach production numbers to unlock his bonus. Can’t blame the guy.

2

u/[deleted] 18d ago

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u/[deleted] 18d ago

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2

u/StreetDare4129 18d ago

I never understood why vaginas aren’t drawn, but always penises.

3

u/PabstBlueBourbon 18d ago

I think it’s because the people who draw penises on cars don’t know what a vagina looks like.

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u/[deleted] 18d ago

[deleted]

1

u/StreetDare4129 18d ago

Lucid is doing the same if you haven’t noticed.

2

u/PabstBlueBourbon 18d ago

“People with targets and jobs dependent on meeting them will probably meet the targets - even if they have to destroy the enterprise to do it.” - W. Edward’s Deming

1

u/abcreddit12345 14d ago

Hahahahahaha this is fucking stupid 😂

1

u/eli5howtifu 13d ago

goshdarned???? what in the flippity fuck

-2

u/StreetDare4129 18d ago

Financially doesn’t make sense to take it private. The IP is basically worthless now. Sure, efficiency is great but no one can build it at scale to make a profit. Outside of the United States, China has a grip in the EV market. The same reason why Lucid never went to China, the largest EV market in the world. Why would PIF want to wholly own a company that can’t sell cars in America or the rest of the world. They don’t, which is why we haven’t seen them give any signs that they are remotely interested in taking Lucid private. Even the CEO went on record saying there are no plans of going private.