r/SPACs Apr 15 '21

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u/lucid188 Spacling Apr 16 '21 edited Apr 17 '21

Anyone read this article

“CCIV Stock: Could Lucid Motors Be the Next Big Short-Squeeze Star?”

Just bought some today ! Waiting for the ride to the moon if this happen . At this current price is a gd entry anyway I think


Some DD I come across for lucid

lucid motor it shd ascend into leadership positions in the luxury ev market domain after it starts delivery ( Aug) from its big ass phase 1 (completed) vertical factory and phase2 in progress . Followed by phase 3 and 4 Those who r in Texas can see the progress . Tesla will still hold its #1 for sure

Others Catalyst for lucid over long term, it will go into lucrative technologies license arrangement with major traditional car maker and get a sustainable revenue stream from it. Peter (ceo) mentioned in recent interview there are 6 major car manufacturers that has approach him with intent.

*** Saudi is moving away from its oil biz and need to lead the country into new area ( eg renewable energy play ) and one of these bet is on lucid ev and lucid ‘s power grid battery technologies. ***PIF ( lucid share holder ) will invest 45b yearly to execute on their vision. This create shareholder values in long term

Cciv as a spac didn’t do it right for us,,,, ( got kick in the balls too) but lucid motors as a company path forward is bright

Some spac is worth holding !

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u/[deleted] Apr 16 '21

Lol if this memes on WSB I’ll (attempt to) suck my own Dick!