Lucid Motors - LCID - Share Chat

Stock Discussions
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Lucid Motors is an american EV company founded in 2007. Their first fully electric car is the Lucid Air, a very good looking luxury sedan with very competitive specs.

It appears to be a serious contender in the automotive world at large. It will try to compete with Tesla also, but I hope it achieves success in the wider process of bringing forward the transition for sustainable mobility and energy production and consumption.

Reading their wikipedia page I noticed some similarities with Tesla beyond the EV space. First they seem to have a similar strategic approach which start with the development of a high end product. And second, the establishment of schedules for the beginning of production seems to be a bit loose, i.e. Musk time is not an exclusive feature of Tesla.

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One year to build the factory makes them a serious and valid player. Hope sales of the product are good and make them successful

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Very keen for this company to go public. Hopefully sometime this year.

Freetrade be ready for this one!

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I started a thread for the SPAC that has been linked with Lucid. It’s already on FT but nothing is official yet.

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Yeah, If the rumours about CCIV are true Freetrade are already ready

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Can anyone advise what happens if the deal is agreed?
What happens if I’ve invested in CCIV?

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This deal may not happen. Please see below

Churchill Capital IV deal with Lucid Motors may not happen, CNBC says (NYSE:CCIV) | Seeking Alpha

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Your CCIV shares will be exchanged for Lucid shares, Same as happened with Clover health and Luminar, and others, assuming it goes ahead

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I have some money in CCIV, I got in at $17, haven’t got much money on it as I’m waiting for the announcement to be confirmed. Then when it is LUCID I’m going to put a much more significant amount of money into lucid, as it looks like a great company in the short and long term!

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Why don’t LUCID just go public on its own? What are the benefits of a SPAC merger?

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Apparently the deal is closed

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Churchill Capital Corp IV is also on sale at $43.01 from last week’s high of $60+. Missed the $31.55 low for earlier on though :sob:

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Can you remind me the ticker please?

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Churchill Capital Corp IV = NYSE: CCIV

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$CCIV ??

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Many thanks

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