Churchill Capital - CCIV
- Hitting the Buy Zone? CCIV
is closer to the value entry price? Keep in mind that there are a lot of obstacles still ahead for LUCID Motors. If they do not have solid plans, the other existing car manufacturers will start to reveal their electric cars. Yes, people will go for a luxury EV
from a proven brand like Mercedes, Audi or BMW
at the LUCID Dream price point. Also, The first EV
company to reveal a sizable car priced between $20K to $30K may dominate sales( Tesla
may be closer to delivering on this)? So time is of the essence for LUCID to establish its brand and truly become a car manufacturer and not just designers. As far as the stock and the price, we are closer to a better entry at this point? Not financial advice.