Why Lucid Motors Will CRUSH The Competition! π₯ HURRY! π₯ - CCIV Stock Merger Update
72Lucid Motors/CCIV will crush the competition, but what makes it better than all other competitors? a mix of gameplan, mangement, industry, history and more.
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Lucid Motors has a great gameplan, reducing a luxury EV with 4 separate trims, at varying competitive price points. Merging with the CCIV SPAC (Special purpose acquisition company) to generate substantial cash flows for business use.
The management team is also great, a large number of high level employees are from other ICE manufacturers/Tesla/Apple and other fortune 100 companies, a great combination of skill and experience.
The EV industry is also primed for growth over the next few years, as vehicle sales will transition from ICE vehicles to EVs.
Tesla released the model S in 2012 when the share price was $10, production increased in 2013 when the share price was $30, around what CCIV is now, so there is no reason that CCIV wouldn't have a $600 share price in 10 years time.
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