Lucid: Don’t Ask Me, Ask My Accountant

by

So, Lucid Group (LCID 4.68%). They’ve got a fancy car, a sugar daddy in Saudi Arabia – honestly, who doesn’t want one of those? – and now Timothée Chalamet is shilling for them. A movie star! It’s like they’re trying to distract you from the fact that, well, it’s still a car company. And those are, historically, a bit of a drag. Their market cap? A mere $3.2 billion. Peanuts! Compared to Rivian and Tesla, it’s like comparing a chariot to a spaceship. But here’s the thing: just because something looks cheap doesn’t mean it is. I’ve seen that movie before. Several times. Usually involving my investments.

Loading widget...

AI: Or, How We Learned to Stop Worrying and Love the Robots

For decades, we’ve been promised flying cars. Instead, we got…slightly better traffic jams. Self-driving cars? Still “just around the corner,” which, frankly, is starting to feel like a geographical impossibility. The problem isn’t the cars themselves, it’s the brains inside. Or, rather, the lack thereof. Sensors are expensive, regulations are…well, regulatory, and people are understandably hesitant to trust a vehicle controlled by algorithms. It’s like handing your life savings to a Roomba.

But now, AI is shaking things up. Suddenly, these cars have a chance. It’s as if someone finally gave them a decent tutor. The ability to process mountains of data in milliseconds? That’s the key. It’s not about horsepower anymore; it’s about processing power. And frankly, it’s about time. I was starting to think I’d be driving a horse-drawn carriage to the shareholder meetings.

Let’s be honest: in the future, styling, speed, and comfortable seats will be secondary to whether your car can avoid hitting a pedestrian. If a Tesla or Rivian can drive you to work while you nap, and a Lucid can’t…well, the choice is obvious. It’s not about the car anymore; it’s about the AI. These EV stocks aren’t really about cars; they’re about who’s winning the robot brain race. And that, my friends, is a much more interesting investment.

Lucid and the AI Situation: A Comedy of Errors

Now, where does Lucid stand in all this? Let’s just say they’re bringing a knife to a gunfight. Tesla, naturally, owns a piece of xAI, Elon Musk’s latest brainchild. The man’s obsessed with AI, which is either brilliant or terrifying, depending on your perspective. They’re throwing $20 billion at it this year! That’s enough money to buy a small country…or a really nice collection of robot butlers.

Rivian, bless their scrappy little hearts, is behind Tesla, but they’re actually trying. They had an “AI Day” – a whole day devoted to robots! – and even announced plans to make their own AI chips. Ambitious! Lucid? They’re partnering with Nvidia. Which is fine, I guess. It’s like hiring a contractor to build your spaceship. It’ll probably get you to orbit…eventually.

The problem isn’t that Lucid won’t pursue AI; it’s that they don’t have the resources to compete. They need data – mountains of it – to train their algorithms. But they don’t have enough cars on the road to collect it. It’s a vicious cycle. It’s like trying to teach a parrot to speak fluent Klingon. It’s possible, but it’s going to take a while…and a lot of crackers.

So, here’s my advice: if you’re betting on EV stocks, you’re really betting on the AI race. Tesla is the clear leader, with Rivian emerging as a potential challenger. Lucid? They’re bringing up the rear. And in this race, last place doesn’t get you a trophy…or a return on your investment. Trust me, I’ve been in enough races to know.

Read More

2026-03-12 20:14