$Lucid Group Inc(LCID)$ 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 fate is bankruptcy.
Interesting.
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