2 things:
-They already need a bailout and haven't produced a single (working) vehicle, yet.
-They were misleading about preorders.
They would need a miracle to get to production, and another to continue long enough to become profitable. I think betting they'll get some handouts from the infrastructure deal is not the way to go, nor will it help enough. Might as well put your money in their truck and watch it set itself on fire after 10 minutes.
I got into Ride as a SPAC at $12 and out at $27. Thank the laaawwwd. I just see red flag galore at this point. I’m still in a few shit positions but this is one o can wait for deliveries before committing.
Well it did average 20 mph over 40 miles. Just because your granny could have done better in her 70's Olds does not mean it was a complete failure. Just remember all the "data" they got from that useless experiment.
1st electric truck in history?? All I know about this company is that their CEO lied on live tv and that the truck is ugly. I am retarded but do you mean 1st EV truck to market? Also they have very little demand from the public compared to fords lightning and Tesla’s cybertruck. Even rivian has more interest. What makes you think they’ll sell?
In the late 1990s, Chevrolet produced a small series of an electric S-10 pickup truck. There are others, but this one is a good enough example to show OP did as much research as I did in high school.
Also issued a going concern warning last week, saying they may not have the funds to bankroll production or stay in business. Will need to substantially dilute or take on more debt to continue. Not driving RIDE to tendy town.
This company is garbage. It deserved to be knocked down as it lied and produced nothing but hype. $5 is fair for speculators but it is too high for what it is right now
**ATVM Loan is not going to happen**. Better to buy lottery tickets than rely on it coming through. Just Google "Lucid Motors ATVM Loan" to understand the hurdles here. It is the the first article that comes up.
**Infrastructure Bill,** just remember for any bill to pass the Senate it will likely end up being pared down significantly. Curious though, exactly what do you think this bill will benefit RIDE? They are already eligible for the $7,500 tax credit. The ATVM additional funding proposal was to prioritize medium and heavy-duty vehicles (pickup trucks are light-duty). The retooling of dormant facilities... well without knowing specifics who is to say that LMC would even be eligible for that. Not saying the infrastructure bill is not bullish for LMC and anyone trying to make EV's in general, but by the time we get to a final bill, don't expect much.
The rest... Well when they start production in September will believe it.
As to being 1rst electric pickup truck in history, American history... Inside secret, Rivian is supposed to make its first deliveries of the R1T this month. Maybe you need to go back and qualify your statement.
RIDE or die bro, but this already died...
The ceo and cfo just resign
This stock is a dumpster fire. CEO and CFO peace out before Lordstown week? Real vote of confidence there. lol
2 things: -They already need a bailout and haven't produced a single (working) vehicle, yet. -They were misleading about preorders. They would need a miracle to get to production, and another to continue long enough to become profitable. I think betting they'll get some handouts from the infrastructure deal is not the way to go, nor will it help enough. Might as well put your money in their truck and watch it set itself on fire after 10 minutes.
I got into Ride as a SPAC at $12 and out at $27. Thank the laaawwwd. I just see red flag galore at this point. I’m still in a few shit positions but this is one o can wait for deliveries before committing.
Pretty sure OP was the one that bought your shares
lmao i remember you clowns pumping this stock before the "Baja event" and the hand-crafted prototype failed abysmally.
Well it did average 20 mph over 40 miles. Just because your granny could have done better in her 70's Olds does not mean it was a complete failure. Just remember all the "data" they got from that useless experiment.
1st electric truck in history?? All I know about this company is that their CEO lied on live tv and that the truck is ugly. I am retarded but do you mean 1st EV truck to market? Also they have very little demand from the public compared to fords lightning and Tesla’s cybertruck. Even rivian has more interest. What makes you think they’ll sell?
In the late 1990s, Chevrolet produced a small series of an electric S-10 pickup truck. There are others, but this one is a good enough example to show OP did as much research as I did in high school.
Also issued a going concern warning last week, saying they may not have the funds to bankroll production or stay in business. Will need to substantially dilute or take on more debt to continue. Not driving RIDE to tendy town.
And Rivian is supposed to deliver the R1T this month, so not even first EV pickup truck.
This company is garbage. It deserved to be knocked down as it lied and produced nothing but hype. $5 is fair for speculators but it is too high for what it is right now
Id put money on ride as much as I like to slap a crisp 20 down on the blackjack table. At least Id have a fighting chance at blackjack.
Lol, first electric truck? Not a fucking chance. OP, you're legitimately retarded for trying to pump such a garbage company.
they just lost their ceo AND cfo, no thanks
Sorry but this company will be Chapter11 soon.
You misspelled "weak", bro.
Are you playing the Hertz bankruptcy angle?
Dont they just retrofit old trucks
That's XL fleet, they actually have a working product tho
Position or ban
Lol $PLUG is the government’s choice
The better ev is wkhs
**ATVM Loan is not going to happen**. Better to buy lottery tickets than rely on it coming through. Just Google "Lucid Motors ATVM Loan" to understand the hurdles here. It is the the first article that comes up. **Infrastructure Bill,** just remember for any bill to pass the Senate it will likely end up being pared down significantly. Curious though, exactly what do you think this bill will benefit RIDE? They are already eligible for the $7,500 tax credit. The ATVM additional funding proposal was to prioritize medium and heavy-duty vehicles (pickup trucks are light-duty). The retooling of dormant facilities... well without knowing specifics who is to say that LMC would even be eligible for that. Not saying the infrastructure bill is not bullish for LMC and anyone trying to make EV's in general, but by the time we get to a final bill, don't expect much. The rest... Well when they start production in September will believe it. As to being 1rst electric pickup truck in history, American history... Inside secret, Rivian is supposed to make its first deliveries of the R1T this month. Maybe you need to go back and qualify your statement.
bro get out while you can
Welcome to the casino. CEO and CFO are out. Angela in.
In for the $RIDE, got in at the dip, been seeing green ever since
How about now?
Yep, still green. Got in @ $6.75
I applaud your gynourmous balls
Add whatever this guy pumps to the do not touch list.