Behind the video
Gravity Production - What to Expect NEXT | 25K Production Levels in 2025 ?! 🔥
Overall Thesis
Lucid's slow Gravity ramp is deliberate and mirrors the Air's successful slow-start approach, with 25K total 2025 production guidance (including ~15K Gravity) being the likely Q4 earnings announcement that would satisfy the market.
Narratives
LCIDLucid MotorsBears are misreading the limited Gravity production flyovers as a demand failure — the speaker explains Peter Raw explicitly stated they will ramp slowly and deliberately to ensure quality, just as they did with the Air in 2021-2022. The very small initial Gravity delivery cohort was done solely to meet the 'started in 2024' commitment. Recent flyover from January 17 shows a Gravity exists but no ramp yet, consistent with the plan. At Q4 earnings, a 25K total 2025 production target with ~15K Gravity is seen as the likely market-pleasing number based on AMP-1 (90K capacity) and AMP-2 (10K) combined capacity.
Key Arguments
- Slow Gravity ramp is intentional and quality-driven — mirrors successful Air launch strategy
- Initial delivery of ~8-9 Gravities was solely to honor 2024 delivery commitment, not indicative of demand
- Canadian pricing improvement shows Lucid listening to customers and expanding international demand
- Panasonic CEO comparing Lucid to early Tesla bullish signal — same partnership structure as their Tesla success
Risks acknowledged
- Bears correctly point out no meaningful Gravity ramp visible in flyovers
- Some investors appropriately impatient — slow ramp creates information vacuum