@bby822@MomonMoprobs@LucidMotors I think the PIF / $LCID will do everything they can to make it their last resort. It favours them massively to keep Lucid publicly trading
@john61640 Under the same senior management. Marc Winterhoff was an interim CEO for 17 months. I’m talking about since Silvio Napoli has taken over…
Big management changes which have drastically been needed
@WhiteMillions@LetsGoLucid2022 Marc Solsona joined $LCID Mar 26 as VP for software. For all we know, he’s the brains behind the latest software updates/ fixes. @LucidMotors has been poor for the last 5 years, drastically changing senior management/ executives is a good thing imo. Nothing to lose at this point
@john61640 John with respect, everyone at LCID has had the chance to turn the company around for the last 5 years and we haven’t seen any significant improvement. I’m quite glad things are changing drastically
@LetsGoLucid2022@WhiteMillions Let’s be real though, if he was that good at his job, the software on all $LCID vehicles would be flawless. Lucid has been on a downward trajectory for the last 5 years. I’m glad big changes are happening
@Alangalaxy213@FinJourney Kudos to getting out, I’ve always been a firm believer that the financials will change drastically when the midsize is out and AMP-2 is operational. Holding out for that. Let’s hope they can make it
@Alangalaxy213@FinJourney U could argue why has there been so many software issues for the last 5 years? This has been going on for years and senior management are being paid very generously. We have no confirmed statement on why he has left but what we can see is that Silvio is clearly making big changes
@Alangalaxy213@FinJourney But they aren't starting from scratch. They have the powertrain technology, they've just done a Gravity software update, things are moving in the right direction. Just need people to take them to the next level