Lucid Group Inc (LCID)

[oldmusky]

Small investor here, 4K shares. This is just my opinion. This company with its cutting edge tech, strong leadership, and Saudi cash has a real chance to be the next Cadillac. A brand known for high quality and Luxury (or Mercedes if you like).

I believe also that the stock will go up far from here. Maybe to 100, maybe not.

Lucid needs to have a high output of vehicles and strong earnings to survive long term. Someone else's money always runs out eventually. Lucid has not shown production abilities as of yet. I have never seen one on the road. I freguently travel the U.S.

I think with the coming ticker change the stock might get a push. I know some investment professionals who wait until these companies merge before they invest. Steady earnings growth month after month and year over year is what is gong to decide if Lucid exists in 5 years.

There are hundreds of defunct automobile manufacturers in the US. Is Lucid going to be the next American Motor Carriage Company (1902-1904), or the next Cadillac. We will see. GLTA