There’s Growing Optimism Over Lucid Stock and the EV Revolution

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There’s Growing Optimism Over Lucid Stock and the EV Revolution

InvestorPlace2021-09-23

When will the roads get crowded for LCID stock? While the rest of the market was being hammered by China’s Evergrande crisis,Lucid Group(NASDAQ:LCID) stock rose 20%. The reason? There’s growing ...

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Lavender00
·2021-09-24
Looks like another shining star. Hopefully a long-live one.
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FlareSpark
·2021-09-24
Everyone claim they have a better EV than Tesla [Happy]
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- 超级点金圣手:
  好
  2021-09-24
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- losty:
  o
  2021-09-24
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Jimmyboy
·2021-09-23
Please like and comment.
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- Universe宇宙:
  ?
  2021-09-23
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HeroSmurf
·2021-09-23
Go go go!!
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- 小虎投资123:
  ok
  2021-09-23
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NatYong
·2021-09-23
Up or down?
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- DonWang:
  Down.
  2021-09-23
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- Abcdefgg:
  Side
  2021-09-23
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sheenayam
·2021-09-23
Please like and comment. Thanks
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- Universe宇宙:
  ?
  2021-09-23
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- Simplewind:
  done
  2021-09-23
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schsch
·2021-09-23
hi
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- MarcO:
  sure
  2021-09-23
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There’s growing ...</p>\n\n<a href=\"https://investorplace.com/2021/09/theres-growing-optimism-over-lcid-stock-and-the-ev-revolution/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>There’s Growing Optimism Over Lucid Stock and the EV Revolution</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThere’s Growing Optimism Over Lucid Stock and the EV Revolution\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/theres-growing-optimism-over-lcid-stock-and-the-ev-revolution/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When will the roads get crowded for LCID stock?\n\nWhile the rest of the market was being hammered by China’s Evergrande crisis,Lucid Group(NASDAQ:LCID) stock rose 20%.\nThe reason? There’s growing ...</p>\n\n<a href=\"https://investorplace.com/2021/09/theres-growing-optimism-over-lcid-stock-and-the-ev-revolution/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LCID","symbol_name":"Lucid Group Inc","start_time":0,"source_url":"https://investorplace.com/2021/09/theres-growing-optimism-over-lcid-stock-and-the-ev-revolution/","article_id":"1152028693","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152028693","pubTimestamp":1632396497,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"When will the roads get crowded for LCID stock?\n\nWhile the rest of the market was being hammered by ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LCID":"Lucid Group Inc"},"translate_title":"人们对清晰股票和电动汽车革命越来越乐观","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LCID":0.9},"content_text":"When will the roads get crowded for LCID stock?\n\nWhile the rest of the market was being hammered by China’s Evergrande crisis,Lucid Group(NASDAQ:LCID) stock rose 20%.\nThe reason? There’s growing belief that Lucid has a car that can beatTesla(NASDAQ:TSLA) in the luxury end of the market, and the capital with which to make it.\nThe Lucid Air, meant to compete with the Tesla Model S, managed to getover 500 mileson a single charge in a recent test.  Its official EPA mileage rating will be520 miles per charge.\nDeliveries are due to start from a factory in Arizona next month. Thanks to early Saudi participation in its financing, the company has enough capital to scale production. Lucid began trading as LCIDin late July.\nLiving Down the SPAC\nThere has been optimism around Lucid before, which the stock is trying to live down.\nAs Churchill Capital IV, or CCIV, shares traded at over $50 each in mid-February. By the start of September, the shares were down 20% since its SPAC merger went through. They have now just about broken even, as has theNasdaq compositeduring that time.\nIt’s the adequacy of capital, as much as the success of prototypes, that’s driving money into Lucid stock. Tesla now has a market cap of $730 billion. Lucid, with a similar business model, is valued at $39 billion. The CEO is a former Tesla manager named Peter Rawlinson. The argument is it can be easier to follow a technology leader than pave the way.Alphabet’s(NASDAQ:GOOG, NASDAQ:GOOGL) Google was the 10th search engine to enter the market.\nLucid isn’t the only electric vehicle maker analysts are now high on. They argue thatNio(NYSE:NIO) now has a better reputation than Tesla in China, and thatAmazon-backed (NASDAQ:AMZN) Rivian makesa better truck.Volkswagen(OTCMKTS:VWAGY) expects to deliver450,000 electric cars this year, over half of Tesla’sestimated production.\nHow Many Cars?\nLucid expects tostart vehicle deliveries next month but it will be years before it earns money. Research company CFRA, which has a $25 price target on the stock, thinks it willstill be losing money in 2024.\nSome of the recent rise of LCID stock may also be a short squeeze, with 8% of the shares recently held short. Those who made a private investment in public equity (PIPE) investors may be able to cash out soon, increasing the short interest. There could also be some speculation due togood-looking stock charts. In any case there are now analysts who expect Lucid stock tosoar.\nWhat should matter to investors, in my view, is just how many cars Lucid will be making, and how fast. Its Arizona plant can make 34,000 per year. It’s building additional plants in both Europe and Saudi Arabia. But 2022 production is expected to bejust 20,000 vehicles as part shortages continue to hammer the industry.\nThe Bottom Line for LCID Stock\nThe electric vehicle revolution is here, delayed due to supply chain constraints and the COVID-19 pandemic.\nAnalysts are now looking past the pandemic and believe any company that can guarantee production has a clear path ahead of it.\nBut the road is about to get crowded. The Lucid Air’s price of $77,000 is much higher than that of most Tesla cars. The question isn’t whether Lucid can make a car, but whether it can sell out at that price point.\nTesla was able to grow by first dominating the luxury market, then dropping prices as it scaled production. Scaling proved difficult, as I wrote at the time. It will be difficult for Lucid.\nIt may also be difficult forGeneral Motors(NYSE:GM),Ford(NYSE:F), and the rest of the auto pack now revving up their electric vehicle production. What happens to LCID stock once we’re spoiled for choice, and it starts to move down market? I will be an interested spectator.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":863742718,"gmtCreate":1632439523934,"gmtModify":1676530781593,"author":{"id":"3575693458669579","authorId":"3575693458669579","name":"Lavender00","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Looks like another shining star. Hopefully a long-live one.&nbsp;","listText":"Looks like another shining star. Hopefully a long-live one.&nbsp;","text":"Looks like another shining star. Hopefully a long-live one.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863742718","repostId":1152028693,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":863455227,"gmtCreate":1632417259969,"gmtModify":1676530778410,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Everyone claim they have a better EV than Tesla [Happy]&nbsp;","listText":"Everyone claim they have a better EV than Tesla [Happy]&nbsp;","text":"Everyone claim they have a better EV than Tesla [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/863455227","repostId":1152028693,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5974996,"gmtCreate":1632436016567,"gmtModify":1663234351734,"authorId":3569011130326335,"author":{"id":3569011130326335,"authorId":3569011130326335,"name":"超级点金圣手","avatar":"https://static.tigerbbs.com/f9f9aa89d127f783f31ffba760ee09c4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":863455227,"type":1,"supId":0,"prevId":0,"content":"好","text":"好","html":"好"},{"id":5974814,"gmtCreate":1632434794542,"gmtModify":1634787835975,"authorId":3568883640417353,"author":{"id":3568883640417353,"authorId":3568883640417353,"name":"losty","avatar":"https://static.tigerbbs.com/c49f1f2b3571ddd8e83ba724663f8f97","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":863455227,"type":1,"supId":0,"prevId":0,"content":"o","text":"o","html":"o"}],"langContent":"EN"},{"id":863228377,"gmtCreate":1632400507899,"gmtModify":1676530772779,"author":{"id":"3582072891665879","authorId":"3582072891665879","name":"Jimmyboy","avatar":"https://static.tigerbbs.com/cb9d5d497bceb3edaca216e9eeab3c22","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please 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go!!","listText":"Go go go!!","text":"Go go go!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863221751","repostId":1152028693,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5971516,"gmtCreate":1632400726471,"gmtModify":1663234334942,"authorId":3572736965372170,"author":{"id":3572736965372170,"authorId":3572736965372170,"name":"小虎投资123","avatar":"https://static.tigerbbs.com/306219307a94107db11a1de008b9af5f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":863221751,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":863261191,"gmtCreate":1632399205513,"gmtModify":1676530772527,"author":{"id":"3580207321438450","authorId":"3580207321438450","name":"NatYong","avatar":"https://static.tigerbbs.com/62b1fa39b2974271d1c06e208f7b3571","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Up 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