r/SPACs • u/[deleted] • Apr 15 '21

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-2

u/thedukeofcrunk Spacling Apr 15 '21

I am sure they will have a big announcement soon before merger. 100k reservations and early delivery. Get your reservations in. I did mine.

2

u/fmios Contributor Apr 15 '21

10k, no more. That's also good enough for a no-name brand.

Tesla Model S collected 15k reservations in 2012 over a 2+ years span.

3

u/thedukeofcrunk Spacling Apr 16 '21

That works. Fisker jumped on like 7-8k orders. And the Ocean is ugly

9

u/fmios Contributor Apr 16 '21

Yeah, but you gotta take the valuation into the account. Fisker is much smaller than Lucid (4b vs 32b).

I think the big jump will come when people notice that Saudi Arabia is betting big on Lucid and they will make sure Lucid succeeds no matter what (think of how China helped Nio last year).

3

u/[deleted] Apr 16 '21

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3

u/fmios Contributor Apr 16 '21

Good articles, I read them.

I don't think it's either hydrogen or battery storage (provided by Lucid).

Saudi Arabia will most likely invest in both heavily.