HaroldAnderson
2022-05-05

Lucid Group is 62.7% owned by PIF, one of the world’s largest and highest credit-rated sovereign wealth funds.

Lucid Group should have an A3 investment-grade credit rating equivalent, which would be the highest-rated US carmaker credit.

Amidst recent price lows, the market has missed the tremendous implications of Lucid’s financial strength and “Tesla killer” technological advantages.

With PIF backing and Lucid’s $40 billion market cap, Lucid should buy into several carmakers like Mazda and Aston Martin and transfer Lucid’s technology.

Lucid has a clear-cut path to emulate Tesla’s long-term growth, but trades at a paltry 3.8% of Tesla’s current market cap.

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Comments

  • Lao Tzu Ang
    2022-05-05
    Lao Tzu Ang
    Stock market is also dependent on Mr. Market's view. Take a step back, look at the charting to understand short term sentiment. Market is not 100% logical. A lot of emotions involved.
  • mark01bravz
    2022-05-05
    mark01bravz
    Erm... no. They have yet to prove themselves yet. numbers especially production numbers not great yet.
  • ncyncy
    2022-05-05
    ncyncy
    seheessh
  • Maky
    2022-05-05
    Maky
    Interesting information
  • Ken7979
    2022-05-05
    Ken7979
    too early to tell of it's potential. very much depends on mgmt execution and leadership
  • Ken7979
    2022-05-05
    Ken7979
    too early to tell of it's potential. very much depends on mgmt execution and leadership.
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