Lucid CEO on New SUV, Trump and Competing With Tesla

Lucid CEO on New SUV, Trump and Competing With Tesla

Assessment

Interactive Video

Business, Architecture

University

Hard

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The transcript discusses Lucid Motors' challenges and strategies, including tax credit ineligibility due to vehicle pricing and income thresholds. It highlights recent sales success and future production plans for the Gravity SUV. The potential impact of a Trump administration on the EV industry is considered, emphasizing Lucid's technological edge. Financial strategies, including Saudi investments, are outlined to secure future growth. The transcript concludes with Lucid's market position and focus on cost management.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are some vehicles ineligible for tax credits?

They are too old

Due to their high price points

They are not electric

Because of their color

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the new SUV that Lucid Motors is planning to produce?

Lucid Gravity

Lucid Air

Lucid Sky

Lucid Earth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key advantage of Lucid Motors' technology?

It uses more batteries

It is cheaper to produce

It allows vehicles to go further with fewer batteries

It is less reliable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Lucid Motors plan to secure its financial future?

By raising capital at strategic times

By reducing production

By cutting employee salaries

By selling more gasoline cars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected production timeline for Lucid's mid-size platform?

Late 2023

Mid 2024

Early 2025

Late 2026

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated amount of cash Lucid Motors needs to reach a break-even rate?

$10 billion

$6 billion

$3 billion

$1 billion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country has been a significant investor in Lucid Motors?

China

United States

Saudi Arabia

Germany