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Look what I found on Ebay (Lucid):
https://www.ebay.com/itm/186013614178
Or... if Apple wants Lucid, makes sense Saudis would want maximum shares?
Take note of this... (all public info)
* Remember that Lucid leadership came from Tesla.
* Lucid leadership copies everything Tesla does (aside from making better technology in certain areas).
Now this is interesting considering it's happening now:
* Back in 2018 Elon tweeted about taking Tesla private
"January 23, 2023, 8:45 AM - Elon Musk has returned to federal court in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet"
* Today we get the rumors & stock climb suggesting Saudis will take Lucid private.
A bit odd/coincidence, eh? Are Saudis trying to mislead?
It's public information that Lucid CEO, VPs and a number of employees already worked with Elon (Tesla) previously and know exectly how he operates. Lucis was structured around Tesla's processes and models.
IMO if Lucid was headed to bankruptcy, Lucid would not be spending money on new plants, new showrooms, future lower-cost vehicles, new partnerships (i.e.: panasonic), etc.
Yes we're at $6, but then again Tesla went through the same thing early on.
IMO Lucid will hit $600 - $1,300 per share someday. The question is when? 3, 5, or 7 years?
You did call it correctly. Bummer it's this low though.
"" a potential bankruptcy"
Companies don't put out "potential" events or news because it's a SEC and lawsuit risk.
This smells like an illegal attempt to drop the share price or scare existing investors into selling.
Just an opinion.
I agree KMC-1 :)
IMO I think they are focusing too much on luxury cars and that is hurting the business and stock. Luxury is low-volume, low-sales, low GP.
If they can produce a $30K EV w/500+ range (now, not in 3-5 years) for mass-consumers... their sales would fly. IMO the stock would get to $200-$400+ as ONLY THEN... they would be taking Tesla's real bread & butter.... volume/sales/profits.
Yep, vile leeches pray on startups and new IPO companies to try and suck up settlement money for any stupid reason.
When these leeches have to use the word "alleged" over and over, you know they will lose.
Also, I hope Lucid countersues.
Well said.
On the flip side, this video came out. Look how many designers they have... insane.
Hahahaha! That's great! :) TY!
Until this war thing ends, expect uncertainty with SHIB.
That includes everything else (i.e.: traditional bank, decentralized crypto, etc.). If war escalates, even worse - everything will tank for months or years.
On the flip side, for anyone financially vested (in cryptos, stocks, banks, investments, business deals, etc.) when Poo-tin is removed, everything will insanely skyrocket to the plus side.
Just my opinion.
Exactly, I'm glad you agree that it's a turd.
What a turd. Let's see $0.01 by April, I dare you.
I think you nailed it with tonight's breaking news. Very bad news for the world.
SOL needs to move up big time (and soon) or miss it's growth opportunity in 2022.
They have the technology. They just need a powerful "sales and marketing" type force behind them to attract buyin and win global adoption.
If not, Ethereum will pick up the pace again and dominate.
If Tesla can hit $1,191.83/share (today's quote), then Lucid will absolutely hit $300-$600/share as a long term play. Just my opinion.
Lucid publicly changed their name from "Lucid Motors" to "Lucid Group" because (as they say) plan to do more than just EVs cars...
"Today, Lucid is a niche premium EV maker. Tomorrow, the company will be a ubiquitous energy titan with premium EVs, affordable EVs, energy storage systems, and eVTOL batteries"
https://www.nasdaq.com/articles/whats-in-a-name-for-lucid-group-it-may-be-everything-2021-09-30
Three-Digit Number Of Lucid Air Production Cars Seen At The Plant
https://insideevs.com/news/556590/threedigit-number-lucid-air-cars/
LOL OMG you guys are still here?
LOL, you guys are still here... LOL!!
(Facepalm)
HAON = Yawn
Well enjoy waiting.
So many lost so much here. Crooks are living the high life.
Has anyone visited the mine? No changes. Still flat land.
Boggles my mind some are still hanging on.
Seriously? LOL. FFGO closed shop YEARS back.
Hahahaha!!! Very true. :)
Man, these new CEOs are real productive! (not!)
Yawn # 24,329
So is this stock dead?
Well? Has the HAON volcano erupted yet?
How's that WAITING going? What is it... 7 years now?
Dead silence. Not one peep from new leadership.
Ok one week gone and nothing... I think you need to copy my disclaimer.