Lucid Motors: Long-term Investments and Manufacturing Expansion

Investments in advanced manufacturing and technology define the company’s long-term success, not just vehicle costs.

### Lucid Motors: Clarifying the Financial Narrative
* 💰  Lucid Motors' high costs are primarily due to long-term investments, including a **$3 million factory buildout in Arizona** and a new factory in Saudi Arabia with a **15,000 unit capacity**.
* 🏭  The company has created a vertically integrated operation with a **state-of-the-art powertrain manufacturing facility**, which is considered the **world's most advanced**.
* 🚗  Lucid is also investing in new products, such as the **Lucid Gravity SUV** and a **midsize platform scheduled for production in 2026**.
* 🌐  The CEO emphasizes that these investments are **crucial for the company's long-term success** and are often misinterpreted as **excessive costs for current operations**.
* 🔋  Lucid Motors believes it has the "**best technology in the world**" and can manufacture its products **cost-effectively**.
* 📈  The company's financial situation is driven by these investments rather than the **cost of creating the cars or the technology itself**.

so there's a misleading narrative here, Matt, that all those costs are the cost of creating the car or the cost of our technology, and that's simply not true. So much of our finances are due to our long-term investments. We've just completed, or very nearly completed, a $3 million buildout of our state-of-the-art factory in Arizona. We've brought in logistics, we've brought in even stamping into a vertically integrated operation, and we've really expanded, brought under one roof, the world's most advanced powertrain manufacturing capability. No one has a facility quite like this. And also then we're building out a factory in Saudi Arabia, which will have a capacity for 15,000 units per annum. On top of that, we have the investment of bringing what I believe will be the world's best SUV, the Lucid Gravity, to fruition, scheduled for start of production later this year. And then we're also building out our sales and service network and investing in our midsize platform, which is going to be a landmark product for us, scheduled for

standard production late 26, so with all those investments for the long term, that's what's dominating our finance. And this is falsely read as it's costing too much. We've got the best technology in the world, and it is cost-effective technology. We can manufacture this, make no mistake.

Lucid CEO on when the EV maker will start making money #technology

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Long-Term Investments Driving Car Manufacturing

The company's financials are heavily influenced by long-term investments, including a $3 million buildout of a state-of-the-art factory in Arizona.

They are also expanding with a factory in Saudi Arabia, aiming for a capacity of 15,000 units per year.

Additionally, the company is investing in the Lucid Gravity SUV and a midsize platform, both set to launch production soon.

Cost-Effective Technology and Long-Term Investments

The company's standard production is delayed until late 2026, leading to a perception of high costs.

However, the investments made are for the long term and are driving the company's finances.

The technology used is the best in the world and is cost-effective, ensuring successful manufacturing.