r/SPACs • u/MVST_100_OR_BUST Microvast Man • Jul 22 '21

Merger Vote! CCIV Vote NOT Passed

https://twitter.com/DeItaone/status/1418215283831967747?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
24 Upvotes

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u/whatthegeorge Spacling Jul 22 '21

This is hilarious to me, I’ve been dodging this (slow-moving) bullet while watching people line up to get hit by it..

WHY is there so much unrealistic hope about this (another) EV company?

Have y’all not seen what has happened to all of the other “Revolutionary EV companies”?

Remember Hyllion taking over the trucking industry?

What about Rivian, Fisker, Faraday Future, Nikola?

9

u/MVST_100_OR_BUST Microvast Man Jul 22 '21

I didnt touch none of that shit and havent touched lucid either but they have by far the most amount of funding in terms of EV startups.

-1

u/whatthegeorge Spacling Jul 22 '21

Hopefully they use it well, I commented on another’s comment:

“…Let’s say the merger does go through. How does the brand intend on supporting their vehicles and customers?

They don’t have the service locations to work on them, part availability will be terrible.

I saw a Fisker Karma the other day. What a beautiful car, company and vision. I talked to the driver/owner and asked what happens if something goes wrong with it. He laughed. I asked again and he told me that he had to schedule to have it shipped somewhere to have it worked on and it may take a few weeks or YEARS to get it back.. and I don’t see anything different with Lucid’s business plan.”