It depends on the contract or compensation structure that Rawlston had with the funding company from Saudi Arabia. It was probably a part of the deal they struck when he signed the dotted line. Get the share price to a certain price point and get so much in bonus incentives. That's a normal structure when you have a CEO company relationship. Rawlston was coming over directly from Tesla as a successful designer, engineer and marketer of the Model S.
I'm not a fan of SPACs because you don't even know what to expect when a confirmation is announced. Evidence in the CCIV bullshit, but Lucid however seems to be a legitimate contender in the EV section and I think that the share price will eventually reflect that.
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