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Will lucid stock go up like tesla?
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Will lucid stock go up like tesla?
It's not only analysts and investors looking at Lucid with rose-colored glasses. The company lost close to 80% in 2023 as a notable loser in the EV space. His new Lucid Air sedan is a direct challenge to Tesla's dominance. Lucid is the new range king, and is getting ready for volume production. (LCID) stock price quote with breaking news, financials, statistics, charts and more. That would represent an incredible 49. You may have a lot of questions if you are interested in investing in the stock market for the first time. 71 implies approximately 20. As Lucid commences customer deliveries and ramp up risks decrease, shares could revalue significantly higher. Lucid said … The Gravity SUV, priced at around $80,000, is set to go into production later this year and will take on Tesla's Model X. May 7, 2024 · Lucid stock is down 66% over the last year. However, at least one Wall Street analyst sees some upside to the luxury EV maker. The 2024 Lucid Air's big battery and compact motors—both designed in-house—allow it to deliver unbeatable range and heroic acceleration performance. Nov 3, 2021 · Then there's up-and-coming EV company Lucid Group. The electric vehicle maker is down over 7% in just the first three days of trading. It lost 38% of its. Prior to the rebound, shares were down 27% year-to-date, but they're now back in positive territory. Lucid is off to a great start, but has a long way to go to become the next Tesla. Let's take a look at some that could be. Let's see why Lucid's stock crashed. So let's take a closer look at some of the similarities (and differences) between Lucid and Tesla. stock price prediction for 2024 and 2025 to 2030. Lucid is the new range king, and is getting ready for volume production. But they’re also trying to do something unique, designing a car from the ground-up made specifically for shared aut. The fashion industry, in particular, has been under scruti. It doesn't sound like a lot, but you do a couple of thousand a month and you're in good. Lucid (LCID) still has a long way to go before achieving its Tesla moment. These stations are strategica. Lucid and Rivian posted very different third-quarter results. LCID Stock Surges 20% Amid CEO Interview and High Short Interest. Relative to Tesla, Lucid's stock remains at a superior growth stage with … The average Tesla price target of $840. Lucid's Air sedan competes against the Elon Musk-led EV maker's popular. But for 2024 they expect. But will its ambitious plans succeed? Down roughly 91% percent from. What is Lucid Group? Founded in 2007, Lucid hit public markets through a reverse merger with a special-purpose acquisition company (SPAC) in 2021. Lucid In Trouble After Tesla's Fall© Provided by 24/7 Wall St. The company lost close to 80% in 2023 as a notable loser in the EV space. May 5, 2024 · Lucid's stock opened at $25. Lucid is facing a couple of tests in the coming months. Meanwhile, Lucid should benefit from Tesla's (NASDAQ:TSLA) multiple problems, while the valuation of Lucid stock has become much less demanding after the shares tumbled over the last year. Let's see why Lucid's stock crashed. When it hit public markets through a special-purpose acquisition company (SPAC) merger in July 2021, Lucid benefited from the optimism surrounding other EV makers like Tesla, which had risen to. The average Tesla price target of $840. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Many Lucid Group (NASDAQ:LCID) stock investors are underwater now, but the. 3% in early trading Tuesday at $14. Nov 3, 2021 · Then there's up-and-coming EV company Lucid Group. It’s a sleek, stylish, and efficient vehicle that has revolutionized the way we think about electri. Read more to see the critical areas for LCID stock to watch over the next five years. Sep 3, 2023 · Lucid Motors. View real-time stock prices and stock quotes for a full financial overview. Tesla ( TSLA) plans to start. This shift is partly due a lackluster Tesla delivery report earlier this month, which placed downward pressure on its stock price. Buy a stock when the company's potential is under realized by investors' for maximal investment gain. Lucid's lowest option of 410 miles is still higher than Tesla's 396 miles. ET as Tesla shares skidded 1 Its debut vehicle, the Lucid Dream, can travel up to 520 miles on a single charge, which beats Tesla's Model S Long Range by more than 100 miles. Rivian stock could fall a lot further from its current share price until it looks attractive to me. According to analysts at Goldman Sachs, electric. Although we're only a few weeks into the new year, for Lucid (NASDAQ: LCID), it's already shaping up to be a continuation from 2023. Lucid seems to have what it takes to get the attention of Tesla owners. 3, its shares are actually more expensive than Tesla's. Rivian, Lucid, and Fisker all appear to be in various stages of emergency. It’s also a trading opportunity. That said, these perks don't make up for Lucid's poor performance and floundering top-line growth. Bill Gross' Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last … If Lucid can match analysts' expectations, then its stock still looks cheap at 2 times its 2026 sales. Jump to Read more: A Toyota EV drove 1,200 miles. Electric vehicles may be the wave of the future, but EV stocks are waving right now -- and startup EV maker Lucid is rivaling Tesla as one of the market's hottest automotive companies. Lucid Motors had a challenging 2022. "I feel great about our stock price. ’s (NASDAQ:TSLA) gain in … Lucid is among the EV producers who reported better-than-expected second-quarter deliveries, a clear indication that the market is recovering. Either way, I think investors will do very well if they can hold on to the stock until about 2030. Jan 27, 2024 · Sat, Jan 27, 2024, 3:31 AM 4 min read. For a company that once projected it would crank out 49,000 vehicles in 2023 and 90,000 in. ” Stock bonuses tied. This should serve as a wake up call to Tesla investors. Lucid stock rocketed above a buy point a day after the EV startup confirmed initial deliveries of its first electric cars that will beat Tesla (TSLA) on range. Tesla’s Chief Executive Officer and chairman is the billionaire entrepreneur, Elon Musk, wh. So let's take a closer look at some of the similarities (and differences) between Lucid and Tesla. Buy a stock when the company's potential is under realized by investors' for maximal investment gain. Read Next: Lucid CEO Throws Down The Gauntlet With $48K EV Plan To Take On Tesla’s Dominance: ‘Wait Until Our Midsize Comes Out In Late 2026. This is great news for LCID stock, already on a winning streak penny stock line, Lucid is showing notable. 22, or nearly 90% more based on a comparison to Tesla. 93+/share investment80 is a good entry point with the Saudis' backing. The price of the 2024 Lucid Motors Air starts at $71,400 and goes up to $250,500 depending on the trim and options. Lucid offers up to 516 miles, nearly 30-percent more than Tesla's highest range of 405 miles. CCIV stock seems to have bottomed out before the Lucid Motors merger date. took a chance on rivian and lucid a few years ago and the stocks basically have done nothing but lost money. Lucid's share price is down roughly 94% from the high it reached after going public through a merger with a special purpose acquisition company in July 2021. InvestorPlace - Stock Market N. The moves higher included electric vehicle (EV) stocks like Tesla (NASDAQ: TSLA) and Lucid Group (NASDAQ: LCID). However, Lucid stock could still be worth buying for growth investors willing to pay a premium for a company that has so. If you're looking for a short-term bump, you're probably not going to get it. On March 28, Tesla announ. Lucid Motors is well on its way to mirroring Tesla. 137 s main st Billions of shares of stock are bought and sold each day, and it's this buying and selling that sets stock prices. not really upset about it that's life. Electric vehicle stocks (RIVN, FSR, GOEV) are rallying on Monday with Lucid ( NASDAQ: LCID) leading the pack, snapping a 3-day losing streak with a 28% gain Lucid's Q3 2023 performance and forward-looking production guidance were disappointing. (LCID) stock quote, history, news and other vital information to help you with your stock trading and investing. Lucid Motors Must Match Tesla’s Insane 10-Year Growth Rate. Lucid and Rivian posted very different third-quarter results. I have to hold because of being sooooooo upside down, but until the "chip" shortage and workers go back to work, not looking good Lucid (LCID) stock chart over the past 12 months (Source: TradingView) Lucid stock is up over 8% following the news, but LCID shares are still down over 60% over the past 12 months. Lucid has so far struggled. Shares of electric car maker and would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) scored another victory on Friday, rising 5m. Lucid stock fell on news that Tesla had cut the price on its Model Y vehicle by 5,000 euros (approximately $5,430) in Germany and reduced pricing by similar amounts in France, Norway, and the. The threat may not affect Tesla too much, though, if … 07/11 update: The S&P 500 and the indexes fell sharply on Thursday, clocking their worst performance since late April, as recent big tech giant winners—including … Just weeks after winning a shareholder advisory vote to reinstate his stock grant, Tesla CEO Elon Musk has apparently figured out another great way to waste … Lucid Group, Inc. With the advent of online shopping, Tesla has made it easier than ever t. lee ramsay funeral home obituaries Speculation of a takeover by Saudi Arabia's Public Investment Fund has fueled Lucid's rally in the early weeks of 2023. Explore more details here. Jump to Read more: A Toyota EV drove 1,200 miles. not really upset about it that's life. At the current price, CCIV stock has pulled back nearly 60 percent from the. Lucid has struggled with low production and delivery figures, resulting in significant financial losses. Lucid's Air sedan competes against the Elon Musk-led EV maker's popular. Lucid, the newcomer to the electric vehicle industry is gaining significant traction. Lucid also targets a higher-end market than Tesla. The Lucid Air 2023 is an electric vehicle that has been making waves in the automotive industry. 27, while S&P 500 … Lucid is planning to release its Project Gravity SUV in 2023 which will compete with Tesla's Model X. In January 2015, Forbes noted that Tesla Motors, Inc. May 5, 2024 · Lucid's stock opened at $25. Learn more about lucid dreaming. Nov 29, 2021 · Lucid plans to increase its annualized production run rate from 20K by 2022 to 500K by 2030. Read more to see why we rate LCID stock as a Hold for now. 07/11 update: The S&P 500 and the indexes fell sharply on Thursday, clocking their worst performance since late April, as recent big tech giant winners—including Nvidia, Apple and Tesla. Dec 11, 2023 · They need to go for the $50,000 range to make up in volume like Tesla did. 01 on October 27 to $36 Shares of electric car makerand would-be Tesla (NASDAQ: TSLA)killer Lucid Group (NASDAQ: LCID)scored another victory on Friday, rising 5m. Electric vehicle company Lucid Group Inc (NASDAQ:LCID) reported mixed results for Q1 with 9,000 production target. If you're looking for a short-term bump, you're probably not going to get it. It's not only analysts and investors looking at Lucid with rose-colored glasses. The company generated $150. Lucid is a highly-rated luxury EV maker which has greater range and legroom than many Tesla models. 24 hour chick fil a It has faced significant pressure due to an overall slowdown in demand for EVs, and the pressure has been further compounded by what is largely considered a price war within the industry - a price war that major companies like Tesla appear to be winning. Since going public in 2021, Lucid stock has fallen over 70% and the share price is now below $3. Tesla has made all of its vehicles cheaper in recent months, but its flagship sedan is still more expensive than the Lucid. On the other hand, Lucid Motors (LCID) is pre-revenue and aims to. The company on Thursday released details of its three-row Gravity, which it says can deliver up to 440 miles of battery range, surpassing Tesla's top range of 405 miles. With its sleek design, impressive range, a. If you're looking for a short-term bump, you're probably not going to get it. To Ian is in same boat. The drive: But drive a Lucid and the picture brightens up a lot. Investors are looking for the next Tesla because there are no similar companies. Either way, I think investors will do very well if they can hold on to the stock until about 2030. When it comes to Tesla vs. The Lucid Air offers a range of 516 miles, beating the Tesla Model S by nearly 30%, and making it the longest-range EV on the market. The company on Thursday released details of its three-row Gravity, which it says can deliver up to 440 miles of battery range, surpassing Tesla's top range of 405 miles. Not where they went with the Air, and not. 6%) continues to rise as positive reviews on its recently delivered electric vehicles arrive. Shares of electric car maker and would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) scored another victory on Friday, rising 5m. ChatGPT predicts that "Lucid stock price could reach $8.
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To Ian is in same boat. Explore more details here. Tesla Solar is a leading provider of solar energy solutions, offering innovative products and services to help individuals and businesses transition to clean, renewable energy If you’re considering a switch to solar energy, you’ve probably heard about Tesla’s innovative solar tiles. 3% in early trading Tuesday at $14. Read an investment analysis of LCID stock here. Jan 28, 2023 · The rise in LCID stock is a welcome break for investors as the stock, like fellow startup EV companies, slumped last year. An analysis of Tesla's and Lucid's most recent metrics suggests the former has been performing better than the latter. See full list on fool. Jumia (NYSE: JMIA ), an e-commerce platform provider focused on the African market, saw its shares soar on Tuesday following a strong analyst endorsement. 19%), are sending the stock even. It is not that Lucid can't be Tesla-like in the future when it comes to production. Sep 12, 2023 · The Verdict on LCID Stock. ( LCID Year-to-Data stock performance. 27, 2021 4:58 PM ET Lucid Group, Inc Im sure LCIDs stock price will go up once deliveries start because like Tesla, there is no such thing. Current Price25. That places the company on the penny stock league tables. Five catalysts could drive CCIV stock back up before the merger. Source: Finbold ) Lucid is a young company and is still in the early stages of production. This shift is partly due a lackluster Tesla delivery report earlier this month, which placed downward pressure on its stock price. xvid cougar See full list on fool. What is Lucid Group? Founded in 2007, Lucid hit public markets through a reverse merger with a special-purpose acquisition company (SPAC) in 2021. While Chinese EV names like NIO. The company is headquartered in Newark, California. 1 day ago · Will LCID Stock Go Up? According to data from Benzinga Pro , Lucid shares are trading above the stock’s 50-day moving average of $248% of available shares are being sold short. (LCID) stock quote, history, news and other vital information to help you with your stock trading and investing. It is not that Lucid can't be Tesla-like in the future when it comes to production. Nov 5, 2021 · Lucid Group ( LCID +12. Why, Lucid is even following in Tesla's tire tracks by selling first an upscale. 6%) continues to rise as positive reviews on its recently delivered electric vehicles arrive. The company is headed up by former Tesla executives, but is focusing more on the higher. Dec 16, 2023 · After its mega listing in 2021, Lucid Motors was hailed as a "Tesla-killer" by some. ezcater subway Read an investment analysis of LCID stock here. Lucid's share price is down roughly 94% from the high it reached after going public through a merger with a special purpose acquisition company in July 2021. Jump to Electric-vehicle maker Lucid Group has started 2023. BofA Securities analyst John Murphy drew up a comparative analysis of the EV stocks in the. While there are some reasons for investors to be excited about Lucid, it makes sense to wait for a few more quarters or even years of data before considering a position in the stock. ” Stock bonuses tied. The CEO of Lucid Motors has said the the Saudi PIF partnership is going well. Billions of shares of stock are bought and sold each day, and it's this buying and selling that sets stock prices. 27, while S&P 500 and Dow Jones. beat expectations for quarterly production and deliveries, sending the automaker's shares higher as it shook off concerns about a slowdown in the electric-vehicle market Electric Up-And Comer Lucid's Stock 'Still In Park': Analysts Expect Investors To Keep 'Conservative Posture' On Tesla Rival Lucid Motors stock still has a long way to go, but the electric vehicle maker could soon be valued like incumbent rivals, its executives told CNBC Tuesday. Lucid offers up to 516 miles, nearly 30-percent more than Tesla's highest range of 405 miles. SUV coming soon, Gulf countries will buy thousands of cars, small car in 2025/2026. Its a longterm game. 3% in early trading Tuesday at $14. May 7, 2024 · Electric Up-And Comer Lucid's Stock 'Still In Park': Analysts Expect Investors To Keep 'Conservative Posture' On Tesla Rival Jul 30, 2021 · Lucid Motors stock is now down almost 16 percent from its post-merger highs. The Lucid Air can notably travel up to 520 miles on a single charge, which beats Tesla's longest-range vehicle (the Model S Long Range) by more than 100 miles. Nov 29, 2021 · Lucid plans to increase its annualized production run rate from 20K by 2022 to 500K by 2030. The Cantor Fitzgerald analyst highlighted Lucid’s upcoming … Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc. Explore more details here. Will Lucid Motors Stock Be Like Tesla? Aug. It doesn't sound like a lot, but you do a couple of thousand a month and you're in good. But Tesla has a much longer list of battery suppliers including Panasonic, Samsung, and. Rivian stock could fall a lot further from its current share price until it looks attractive to me. craigslist cinti Lucid will report its third-quarter. 2 billion in sales in 2022. The Lucid Connected Home Charging Station. Lucid's lowest option of 410 miles is still higher than Tesla's 396 miles. Given the high price tag, the company poses the biggest threat to the Model S. Lucid's lowest option of 410 miles is still higher than Tesla's 396 miles. Luxury EV maker Lucid Motors says it expects to produce only 9,000 vehicles in 2024, which is very close to the number it made in 2023 (8,428). Each week we’ll learn a little more about the mysterious realm of sleep science, dreams, and how to “wake up” when we’re fast asleep Lucid Group, the U automaker that produces the luxury all-electric Air sedan, is cutting its workforce by 18% as part of a restructuringS Lucid Group issued a recall for hundreds of its EVs over a flaw that could cause the vehicles to lose power and increase the risk of a crash. … That’s an almost 22% increase from the first quarter, when Lucid had built 1,728 units and sold 1,967 units, and a 70% increase year-over-year. The company lost close to 80% in 2023 as a notable loser in the EV space. But they’re also trying to do something unique, designing a car from the ground-up made specifically for shared aut. Can Tesla keep up? That said, these perks don't make up for Lucid's poor performance and floundering top-line growth. If Lucid can do it, anybody can. ET as Tesla shares skidded 1 Jan 1, 2023 · Jan 1, 2023, 10:23 AM PST. At the current price, CCIV stock has pulled back nearly 60 percent from the. Nov 8, 2023 · The Air Pure starts at $87,400 before options, of which there are many. Electric vehicle company Lucid Group Inc (NASDAQ:LCID) reported mixed results for Q1 with 9,000 production target.
According to analysts at Goldman Sachs, electric. Here's a look at what's going on. Why, Lucid is even following in Tesla's tire tracks by selling first an upscale. Lucid may be bought by another car company at a significant discount for its advanced luxury tech with huge retailer's loss but at a price that beats the Saudis' $3. hm electronics Dec 11, 2023 · They need to go for the $50,000 range to make up in volume like Tesla did. Shares of electric car maker and would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) scored another victory on Friday, rising 5m. View real-time stock prices and stock quotes for a full financial overview. Tesla stock may be dropping but don't worry. the clearing house In January 2015, Forbes noted that Tesla Motors, Inc. When it comes to Tesla vs. It's now positive for the year. Lucid has struggled with low production and delivery figures, resulting in significant financial losses. ambit texas llc It's not only analysts and investors looking at Lucid with rose-colored glasses. Specifically, many people are curious about how much it really costs to cha. Let's see why Lucid's stock crashed. Why, Lucid is even following in. It is not that Lucid can't be Tesla-like in the future when it comes to production. The 2024 Lucid Air's big battery and compact motors—both designed in-house—allow it to deliver unbeatable range and heroic acceleration performance. Will it pay off? The Lucid Air offers up to 516 miles, almost 30% more than Tesla's highest range of 405 miles on the Model S. LCID Stock Jumps on Debut—Will It Go Up More and Reach $100? Lucid Motors' (LCID) price prediction is in sharp focus.
Also on Thursday, Lucid CEO Peter Rawlinson said that to his knowledge, Lucid and Tesla are the "only two EV companies in the world today" that design, develop and make their own. Elon Musk predicted EV startups Lucid and Rivian would both go bankrupt—at least one of them seems to be over the hump. Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc. 6%) continues to rise as positive reviews on its recently delivered electric vehicles arrive. May 31, 2024 · The Winner – Lucid. EV producers are reporting better-than-expected Q2 deliveries. See if LCID stock is a buy or sell. Lucid is in the very early innings of realizing revenue growth. Get the latest Lucid Group, Inc. It's not only analysts and investors looking at Lucid with rose-colored glasses. Prior to the rebound, shares were down 27% year-to-date, but they're now back in positive territory. Here's a comprehensive analysis of Lucid stock price predictions and forecasts for 2023, 2025, 2030, 2040, and 2050. Tesla has made all of its vehicles cheaper in recent months, but its flagship sedan is still more expensive than the Lucid. Electric vehicles are hot right now, leaving investors to find which stock will be the next Tesla. Lucid also targets a higher-end market than Tesla. But they’re also trying to do something unique, designing a car from the ground-up made specifically for shared aut. Share prices have fallen almost 50% over the past 12 months and are down over 90% from their all-time highs in 2021. Nov 18, 2021 · Peter Rawlinson engineered the Tesla Model S. Why, Lucid is even following in. The company is headed up by former Tesla executives, but is focusing more on the higher. 3, its shares are actually more expensive than Tesla's. gotanynudrs The company's first car, the Air luxury sedan, is in production in Arizona and Saudi Arabia. Electric vehicle company Lucid Group Inc (NASDAQ:LCID) reported mixed results for Q1 with 9,000 production target. May 31, 2024 · The Winner – Lucid. Lucid is off to a great start, but has a long way to go to become the next Tesla. The company generated $150. Lucid's Air sedan competes against the Elon … Lucid Motors stock still has a long way to go, but the electric vehicle maker could soon be valued like incumbent rivals, its executives told CNBC Tuesday. Lucid will report its third-quarter. Like its biggest rival, Tesla, the company. Apr 11, 2023 · An analysis of Tesla's and Lucid's most recent metrics suggests the former has been performing better than the latter. Lucid stock soared off a low base Tuesday. With its sleek design, impressive range, a. Shares of electric car maker and would-be Tesla (NASDAQ: TSLA) killer Lucid Group (NASDAQ: LCID) scored another victory on Friday, rising 5m. The Gravity SUV, priced at around $80,000, is set to go into production later this year and will take on Tesla's Model X. The Lucid Air and Tesla Model S might be similar in many ways, but each has a unique character and certain advantages over the other. Lucid is off to a great start, but has a long way to go to become the next Tesla. Lucid is in the very early innings of realizing revenue growth. Will Lucid Motors Stock Be the Next Big EV Story After Tesla? Lucid Motors stock is surging as analysts take a bullish view of the stock. That places the company on the penny stock league tables. Luxury EV maker Lucid Motors says it expects to produce only 9,000 vehicles in 2024, which is very close to the number it made in 2023 (8,428). Lucid is launching a new vehicle, the Gravity SUV, in 2024 with high hopes of saving the company from financial collapse. Tesla Solar is a leading provider of solar energy solutions, offering innovative products and services to help individuals and businesses transition to clean, renewable energy If you’re considering a switch to solar energy, you’ve probably heard about Tesla’s innovative solar tiles. As Lucid commences customer deliveries and ramp up risks decrease, shares could revalue significantly higher. Lucid stock is also seeing the same wild swings in its stock price like Tesla. used outboard motors for sale in michigan The Lucid Air is just that, starting at a price of approximately $77,000 and ranging up. With Lucid Motors set to list, how does it compare to Tesla in the EV market? This guide will give you an overview of Lucid Motors, explain how to buy its stock, and provide you with recommendations for brokers to use. Lucid stock soared off a low base Tuesday. Read Next: Lucid CEO Throws Down The Gauntlet With $48K EV Plan To Take On Tesla’s Dominance: ‘Wait Until Our Midsize Comes Out In Late 2026. Luxury EV maker Lucid Motors says it expects to produce only 9,000 vehicles in 2024, which is very close to the number it made in 2023 (8,428). 9 million in revenue (Up 89% YoY) and delivered 1,404 EVs. EV startup stocks Rivian ( RIVN) and Lucid ( LCID) sank Thursday after both companies reported fourth-quarter earnings and revenue late Wednesday, and announced they are not ramping up production. What happened. (LCID) stock forecast for tomorrow and next week. Let's see why Lucid's stock crashed. With the increasing popularity of renewable energy, many homeowners are considering the installation of solar panels on their roofs. The former chief engineer of the Tesla Model S just didn’t expect it t. 93+/share investment80 is a good entry point with the Saudis' backing. As it stands now, it seems doubtful that Lucid will become the next Tesla. This means that the stock is trading at a frothy valuation Lucid stock is down 66% over the last year.