‘Had more kids than they made cars’: Elon Musk’s dig at rival automaker Lucid via /r/wallstreetbets #stocks #wallstreetbets #investing
‘Had more kids than they made cars’: Elon Musk’s dig at rival automaker Lucid
Elon Musk took aim at a rival automaker – and his own efforts to curb what he calls the global underpopulation crisis – with a tweet that had his followers in splits.
Musk aimed his dig at Lucid Motors, an American electric vehicle manufacturer that announced its quarterly earnings report on Wednesday. The EV maker delivered just 679 cars in the second quarter of 2022 – a fact that prompted the CEO of Tesla to joke he had had more children in the same time period.
“I had more kids in Q2 than they made cars!” Elon Musk quipped in response to a tweet on Lucid Motors’ performance in quarter two.
Musk’s own contribution to the world population aside (the tech billionaire has nine children), his company Tesla also outperformed Lucid in terms of vehicle deliveries. According to Tesla’s website, the electric automaker “produced over 258,000 vehicles and delivered over 254,000 vehicles” to Lucid Motors’ 679 cars. This, Tesla says, is “despite ongoing supply chain challenges and factory shutdowns”.
Elon Musk says ‘I had more kids in Q2 than they made cars!’ in response to a tweet about Lucid LCID producing 679 EVs in Q2. Do you think other US EV makers stand a chance of overtaking TSLA’s market share?
Submitted August 05, 2022 at 04:10PM by predictany007
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