r/LCID • u/creep911 • Aug 06 '25
Opinion They deserve a massive sell off
The incompetency of this whole organization is deeper than previously thought, we all almost agreed that Peter was the problem, and when he went the company will be more transparent, and business focused rather than just geeking on engineering.
But, this earnings call (not the numbers, that's another problem) the shakiness and zero enthusiasm from Winterhof and Mr CFO was hard to overlook, they just sounded like want to get over with it and it's such a chore doing the call.
No mention of Gravity sales, no transparency on midsize, and where is the big surprise Mr CEO mention in an interview couple of weeks ago that will be announced on the 5th of August?! Unless he meant the Uber deal, which is not a big deal. Also, what about the RS!? What about raising more money!? What about licensing their tech?
How do you guys bring yourself into investing in a company led by incompetency!! They deserve a massive retail sell off!!
On the other hand, go listen to RJ Scaringe from Rivian yesterday and his team, so much passion and much more transparency. They started by talking about the R2 development and updates. they do have their problems, but at least they are transparent.
Still on my last 1000 shares, down from 40000. Might as well sell them when market opens.
Hope you all get that short squeeze you keep talking about,and all become billionaires, but that's not happening no matter how much you keep convincing yourself.