$Lucid Group Inc(LCID)$
It's still a dying company. Why would anyone buy a LUCID car and be stuck with a car with limited after sales service and support? If there's a buyout from one of the big car manufacturers, that would be worth an entry. But! Nothing for a "big car manufacturer" to buy out. GM gave the EV a shot back before 1990, and abandoned the concept as not being feasible. No different today. Priced out of reach, an environmental nightmare, from beginning to end, and no power plants, or infrastructure to support the 500,000 "charging stations that Biden wants to build. No buyers for more than 2000, 2022's built, burning up in the Arizona sun, destined for junkyards!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments