https://www.nasdaq.com/articles/...oup-inc.s-nasdaq%3Alcid-2021-09-23 "....For the initial revenue numbers, we will rely somewhat on the reservation numbers and compute an estimate for first year revenues. The company had more than 10,000 reservations by the end of July 2021. We can assume some change in sentiment and estimate that reservations will go up to 15,000 by the end of 2021.
This is our first year revenue projection: 15,000 * US$76,000 = US$760m for 2022
With this, we are implying that most of the sales will pertain to their base model. The first year will be pivotal. Customers will come back with reviews, ....If Lucid excels in the branding for their first year, we will be more comfortable attributing larger growth rates and selling at capacity. |