$Lucid Group Inc(LCID)$  Important things to note end of 2022 and moving into 2023.

The latest inflation for Nov at 7.1% and still worryingly high.

"The historical record cautious strongly against prematurely loosening policy,"Fed chairman Jerome Powell recently said. "We will stay the course until the job is done."

Not sure how to emphasize, but the market is going to head lower in 2023 with very high recession chance. 

2023 is a time to root out poorly managed companies and those that are under performing will likely to go down under and eventual bankrupt. And that is part of the plan to properly channel the right investment to strong fundamental and essential ones.

The current trajectory of lucid is still heading into bankruptcy even tho they have raised 1.5 billion in stocks. They have to resolve lots of issues and cash burning rate. 2023 will pose an even challenging crisis for lucid.

Lucid may look extremely cheap but it's also extremely risky. It's a no buy and wait till we see a fundamental change.