$Tesla (TSLA.US)$  is gradually losing US #EV market share t...

decisive Crow_1603 : Lucid won’t be around for long

ZnWC : Lucid earnings Q1 2023 posted 2 articles here - very bad
Quote:
Lucid burned over $1.04 billion in cash in Q1, 2023.

https://www.moomoo.com/community/feed/110335548063750?data_ticket=212ca245a589f1e400fb2e247953bc77&futusource=nnq_search_search-result&content_type=feeddetail

TeslaSmurf : Of course, each new model that arrives on the market erodes a bit of market share, but that is TOTALLY irrelevant as the EV market keeps growing at a much higher rate and the number of cars Tesla sells increases relevantly. In 2024 will be the turn for the Cybertruck to erode shares of a market sector in which Tesla is not present today and in 2025 the compact car from Mexico will do the same. So much, that the Chinese presence in the US market will stay low.   Same in Europe if they decide to build a specific new Gigafactory in an European lower work-cost country. Russia would have been good but that won’t happen, unless they get rid of Putin in the short term. Poland ? Ukraine if the horror ends ? WHO knows…

70602580 decisive Crow_1603: LUCID is currently forming an oscillation period downtrend, the medium and long term will form a wide oscillation consolidation trend, now the K-line shows three negative lines, shorting is the best choice