$Lucid Group Inc(LCID)$ new hydrogen, biofuel, and water fuel are going to replace and or partially going to replace battery technology and electric motors.
Brace yourself for another technological revolution.
Existing EVs industry going to be severely impacted.
Elon musk trying to get his 25% share ownership of Tesla so that he will continue to pump AI and robotics into Tesla. Otherwise he is going to abandon Tesla eventually and AI + robots will be another company by itself.
He forsee Tesla is going to be severely impacted by this revolutionary fuel energy.
Lucid is even going to be more impacted.
Expect lucid to dip and eventually cease to exist
New energy fuel is way way more efficient and available than battery and electric motors.
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