All investment funds and venture capitalists also invest in projects that are going to fail and one day will abandon them. Just because a strong one supports Lucid now, doesn't mean they will do so forever.
I'm from Saudi Arabia and I rarely see Lucid on the streets, but I believe PIF has bigger plans for Lucid, they are not just throwing billions into a losing company. very informative video, keep up the good work.
Hope this company fails, they and carmax have totally fucked the used car market with their venture capital raising cost of living an insane amount for lower and middle class Americans who need vehicles to exist and work.
For a video titled about it's comeback, too much time is spent going over basic/irrelevant facts. Feels very dragged out and repetitive to artificially increase watch time. Couldn't finish
Impressive turn around, at least temporary turnaround! however, a new company will always have its early years of ups and downs, while they go through their trial and errors. in addition, it's a very cyclical business, which is an unfavourable sector to invest.
The early NTSB accident report, on this Baltimore bridge accident, is helpful and interesting over what lead to the container ship hitting the bridge and causing the bridge collapse too. It seems multiple circuit breakers, went off line for some reason, not once but twice within a few seconds or minutes of each other. Which cut power to engine pumps and rudder systems, which lead to the ship engine automatically shutting down too. So the bridge crew had no control over steering or propulsion too, so the container ship hit the bridge basically.
how long until automaker figure out the normal people cant afford 80k car or trucks. it blows me away how out of touch they are. like who wants there auto payment to be more than there rent? the prices for cars is ridiculous. bring back the 20k new cars and they sell hanover fist. but unfortunately i bet the stealer ships will mark them up to 25-28k. just look at the ford maverick. msrp is 20k but you cant find one that's any less than 24k. cant hardly find a car without 100k miles on it under 17k
Our first Airbnb as guests was a disaster, so we never tried it again. There was something wrong in the bathroom that was unacceptable and impossible for the host to do anything about. We had to stay at a hotel instead for our stay. Airbnb customer support didn't live up to our expectations, when we finally had to pull the plugs on this contract. We ended up loosing much of our money
We Airbnb one of the rooms in our house, so far all of the visitors have been people between houses that are struggling to find a new place to live. None have been people travelling and visiting. Our house is not on a lake or anything, so it may not attract vacationers, but It seems to me the only reason why Airbnb is doing well, is because there is a housing crises and people are being forced to Airbnb between houses. - Australia.
There are also other consequences of rnbnb in renting in general...it made renting prices explode for locals as landlords dicovered they could make more money turning their flats into rbnb instead of renting it to a local, the shrinkage of available long term rent caused invreases in renting fees for no added benefit for locals
In our area, you might as well stay in a hotel because it's almost the same rate. And unlike a hotel, I dont remember the rentee lecturing the renter (guest) about cleaning the bed sheets afterwards.
There is no disruption from Airbnb. Concept of Airbnb is no owning physical assets and being the middle man. Big hotel chains are exactly the same. They do not own most of the hotels but instead license their names and standardize the services.hotel chains have been Airbnb before Airbnb existed. None of the hotel chains are worried about Airbnb. A note about these “middle man” companies like Airbnb, Uber, DoorDash they are just middle man but they are taking a 30-40% from the market place. That’s just absurdly large. Someone has to pay the cost and it will be the customers. No wonder every such company just sucks. Imagine if the real estate agent took 30% cut from the home sales price. There won’t be any housing market left. They are ripping people off and people know so and are just not happy and feel stuck with sub par service apps.
You have....a very narrow understanding of Coinbase's revenue models....you need to do a lot more research, you didn't even touch on Base...which is just one of the MANY sources you missed.
This truck was built with a repeating line of some engineer keep saying "You know what would be cool? If we add (Fill the space)". They seems to lost any track of cost, just adding more "Cool" stuff...
This is the most idiotic, money-wasting concept of a vehicle ever, driven by a temporary trend. The R1S cost $20K-$30K more than any competitive ICE based vehicle without the EV shenanigans required to own one... If Rivian won't reconfigure it's business model soon, it's gone. They should have stuck to the hybrid concept.
Actually so far so good. Quality is great for a startup, cash in hand is plenty. Remember most of the R&D and some tooling for next cheaper products is covered already. Hopefully by end of next year interest rate will help with sales too.
You conveniently forgot to mention how much the R2 and our three will cost Rivian to make a quick newsflash the R2 and the three will cost about the same as the R1 make, but they’re selling it at a lower price price meaning they will be losing more money Rivian‘s best bet is to sell as many cars as possiblethen sell those people parts at a higher markup
Click bait title and never expect a good fair content from it. Pls keep it up Yes survival in long term is still a questions Hope it can achieve gross profit in Q4 2024
They are ugly and embarrassing to drive and Jorge Zoros invested them heavily. The guy who said his goal in life is the destruction of the US economy and erasure of border. He funded BLM, Antifa and Caravans. If you buy one of these you help him do all that and more.
If you don’t have access to easy charging at home, at work, at a mall your frequent, or supercharger nearby. I would not recommend you get a EV. And super charger option is questable as well because it is as much as gas and often not near something you can do for 30-40 minutes. Can watch medic or RU-vid in a Tesla at least.
Crazy expensive compared to what? They make high-end EVs, and their pricing seems to be right in line with both the EV market and the luxury truck market.
