PC, with all due respect Lucid has many irons in the fire as well. Broken into 3 groups: battery storage, auto and tech. As well, they note themselves as a technology mobility company. Think air, land, sea, etc. also, large manufacturers are going to want their skateboard and tech.
You need to dig deeper and understand the larger macro strategy here.
Not to long ago the so called experts were saying TESLA was only worth 50 dollars a share. But true the hype has worn down a bit. I am hanging in and holding as I feel CCIV will be a big in the EV Arena.
I don't think you have been really paying attention, there has been a large pullback in ev's but it will ramp back up soon enough. Deliveries will start in a few months, only tsla competitor until later next year when FSR starts to deliver.
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