$Lucid Group Inc(LCID)$ 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 ba
$Lucid Group Inc(LCID)$ lucid set to be down to 1 to 2 dollars by year end in 2024 and maybe more. The simple maths is 1. Lucid is still burning cash like a furnace which can only last till end of 2024. 2. Dilution is evitable as cash will need to be raised. 3. Despite losing so much cash lucid still plan on ambitious expansion with new models in Europ with no guarantee it will sell. (Mostly to in a bid to push down negatively but it won't succeed) 4. Again lucid will fail to meet it's production target again as usual. 5. Fierce competition with other EVs especially from price slashing from major EVs like Tesla and others. 6. Much lower EVs demand on market. 7. Supply chain shortage and competition. 8. Saudi i
$Lucid Group Inc(LCID)$ this stock for now is only set up to be crush... Seems one can't avoid temptation when there's a carrot hanging in front of you ya :D
$Lucid Group Inc(LCID)$ S&P 500 going to rise high and collapse. Overall Economy going to go stagnant even tho AI companies may go sky high. Fuel by wars and conflict I foresee another oil home bringing inflation up high and also possible recession. Big money often downplay and twisting FED decision all in the name of falsely moving market only to crash. That's how big money makes big buck from you guys. Lucid fundamental remain flawed and no way to turn it's fate around. Lucid stock is highly manipulative by big money and algorithm. Be ready for deep dive down in coning months to year end. May end up like Nikola. Dragging it's feet to the very end.
$Lucid Group Inc(LCID)$ if you can't sell and make profit, it's as good as it never existed. Going by the current trend, having production in Saudi, I don't see how they country can have the necessary supply chain even tho they have lots of cash. It's like spilling billion and billion of cash every quarter every year and spinning narrative but not see light at the end of the tunnel. As I said earlier in those years, lucid has made the wrong strategy in the beginning and now with ever changing circumstances, it's even harder to right the wrong. I know it's such tempting to buy at current price of 2.5 dollars. I believe it will crash even more to half or more in 2024. I just wonder how much Saudi going to pump to hold on lucid whose eventual
$Lucid Group Inc(LCID)$ my past 2 years or so post is to avoid lucid at all cost... But I guess lack of knowledge and experience of macroeconomy and microeconomics as well as how market play out and being greedy caused heavy lost for many people. Take it as a lesson learned. Lots of fake experts on this discussion forum and YouTube. Beware. If you want to invest.. you better understand very well those I mentioned above.
$Lucid Group Inc(LCID)$ stock is going down 2 to 3 dollars by early 2024. Almost every factors and course of action is going against lucid. At the moment seeing no hope for lucid motor. The have to keep burning cash like furnace to stay alive and borrowing and dilution. There is no light at the end of the tunnel in sight. Feels the very evitable end for this company.