About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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High-Profile EV Stock: A Long Shot, Loser or Legend-Killer?

Lucid car logo on EV car

Electric vehicle (EV) maker Lucid Group Inc. (NASDAQ: LCID) was once touted as a Tesla Inc. (NASDAQ: TSLA) killer with its sleek luxury designs and purportedly superior performance. The hype sent shares as high as $64.86 on February 16, 2021, but came crashing down to an all-time low of $2.29 on April 24, 2024. Recently, shares jumped 25% on its Q2 2024 vehicle delivery numbers, with volume hitting 167.8 million shares. This comes on the back of rival EV maker Rivian Automotive Inc. (NASDAQ: RIVN).

Lucid Group operates in the Auto/Tires/Trucks sector and competes with EV makers such as Tesla, Rivian, and Polestar Automotive Holdings UK PLC (NASDAQ: PSNY).

The Lucid Air and Gravity EV Models

The 4-door Lucid Air boosts impressive stats. The long-range electric sedan has an estimated EPA range of 516 miles, with a maximum horsepower of 1,234 and a zero to 60 mph time of 1.89 seconds. Its batteries can charge 200 miles in 12 minutes. All these vary by trim. Lucid Air was named the best luxury electric car by the US and World Report for 2024 for the third consecutive year. Lucid claims it's the longest range and fastest charging production car in the US market. It is the most efficient EV in its class as measured by kilowatt hours.

The Lucid Gravity is an electric SUV that can seat up to seven people. It can reach speeds of zero to 60 mph in under 3.5 seconds with a projected range of 440 mils and peaks at 800 horsepower. The dashboard features a curved 34-inch floating screen with a 6K display. Production is set to start later in 2024 with a total addressable market that is 6x larger than in 2023.

Could the Saudi Government Afford to Let Lucid Fail?

Through its Public Investment Funds (PIF) and affiliates, the Saudi government owns a 60% stake in Lucid. The investment is part of its strategy to diversify the economy beyond oil. Its latest investment through a PIF affiliate, Ayar Third Investment Co., bought $1 billion in convertible preferred stock, which has the option to convert into 280 million common shares. This also has the potential to dilute its 2.3 billion shares outstanding further. Investors believe that unlike Fisker Inc. (NYSE: FSR), the Saudis won’t let Lucid go bankrupt.

Lucid’s Turnaround

Lucid undertook steps to curtail some of the bleeding in its business. Like the EV industry, Lucid is suffering from the waning interest in EVs. It reported a Q1 2024 EPS loss of 30 cents, which missed consensus estimates by 5 cents. Revenues grew 15.6% YoY to $172.74 million, slightly beating the consensus estimates of $172.74 million. The company produced $1,728 vehicles and is on track to produce around 9,000 vehicles for the year. Deliveries were 1,967 vehicles in the quarter, up 39% YoY. The company ended the quarter with $5.03 billion in liquidity.

Lucid CEO Peter Rawlings commented, “We surpassed 12,000 vehicles on the road in Q1, which takes us nicely past the critical threshold into boosting word-of-mouth awareness. And I am pleased with the 39.9% year-over-year uptick in sales in Q1 and with the momentum we're seeing here in April. I always offer caveats. We expect typical seasonal slowing in Saudi Arabia in Q2, and we expect typical seasonal slowing globally in Q3 as consumers go on vacation.”

Lucid Group LCID stock chart

LCID Stock Attempts to Complete a Cup Pattern

The daily candlestick chart on LCID illustrates an attempt to complete a cup pattern. This cup lip line formed at $5.31 on December 14, 2023, before shares plummeted to all-time lows of $2.29 on April 24, 2024. LCID stock staged a rally that accelerated on the deliveries news, causing shares to surge 25% to $.25 on July 12, 2024. The daily relative strength index (RSI) surged to the 85-band. Pullback support levels are at $3.62, $3.35, $2.80, and $2.55.

Lucid’s Road to Redemption Starts with Vehicle Deliveries

Lucid releases Q2 2024 production numbers early. It produced 2,110 vehicles and delivered 2,394 vehicles in the quarter. This was a sequential bump higher than the 1,728 vehicles produced in Q1 2024. Granted, it’s a drop in the bucket compared to Tesla’s Q2 2024 production of 410,831 and deliveries of 443,956 EVs. The full Q2 2024 earnings release is expected on August 5, 2024.

Lucid Group analyst ratings and price targets are at MarketBeat. There are 10 analyst ratings, seven of which are Holds and three of which are Sells.

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