Let's hope they can keep an Area-51 type tight lid on development projects. Keep the shorts in the dark until good news pops it over $5.
The Tesla business model, of selling high priced luxury sedans to fund development of smaller vehicles, worked for Musk, but it is not working for Lucid.
The smaller, lower priced, 200ish mile range, sedan needs to happen today. That will be the bread and butter that brings in revenues and brings up the stock price.
With Saudis funding this, not sure why they think production money is needed from sales of luxury. Do they just want a luxury car company to supply themselves?
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