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The YouTuber advises staying away from Lucid due to its worsening financial performance, with increasing losses despite revenue growth, indicating a lack of improving margins. He highlights the need for future capital raises, which could lead to 'bad dilution' for shareholders, merely to sustain operations rather than fund growth. He previously found its valuation unjustified.
“They're going in the wrong direction once again. Um they're going to have to raise capital at some point in time.” — ▶ 7:00