Gravity is a compelling prroduct today! But nobody wants to place a deposit and wait 1~2years for something the company has a bad record of delivery on time… and also by then the technology is already stale and design is outdated! Lucid is backed by PIF with so many billions put in… the CEO has no excuses to simply print a few nice brochures and collect money to start production… and still end up being hopelessly late in delivery! 

$LCID target is premium luxury market… whereas $TSLA is going from premium to mass market ala $TM… when the 100K units and more flood saudi streets… its equivalent to mercedes is bread n butter in Germany…but premium luxury in other parts of the world… so as long $LCID can deliver the cars which they have already done so its now only a matter of scaling up… they will be richly valued in time to come 2025 if not 2028… ignore all the noises now n buy for the long haul… its a quarter of PIF portfolio so anyone betting against it wld lose in the long run…

N then the environmentalist will lament that crude oil is better for the climate! [Facepalm] 

Forrest is a responsible owner so SEA will not only survive but emerge victorious at least in SEA region because they understand their local market well! The europe n latin america market is a setback but they wld never had succeed there in the 1st place so early retreat is actually a blessing in disguise for the long term!!

Nowadays many articles r obviously by shortsellers tryin to spook the market! 

I dun understand y with saudi's backing they r struggling to ramp up production… just make it the default chocie of the arab royalties n the demand will go thru the roof!