What do you get after a decade of negative real rates and unlimited QE as monetary policy? Losing $227,000 per vehicle as an acceptable business model for an automobile company! At least that's the case over at Lucid, according to a new writeup from the Daily Caller. The California-based Lucid Motors, offers four electric vehicle (EV) models priced between $74,900 and $249,000 and reported a third-quarter net loss of $630.9 million, excluding overhead costs. This amounts to over $227,000 in losses per car sold, the report says, citing its…
