$Lucid Group (LCID.US)$ has no shot in Europe or China. $Tes...
$Lucid Group(LCID.US$ has no shot in Europe or China. $Tesla(TSLA.US$ may have snuck up on BMW/MB/Audi, lucid will not. That luxury EV thing they are trying to fly will not work in Europe. China is about to launch its own homegrown luxury sedans. Lucid’s future is a niche North American luxury Bev maker. An electric Maserati at best. Maybe 50,000 cars a year mostly in North America. Market cap $30 to $40 billion
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fWY3TQgFdr : Wrong. Chinese people don’t want to buy their own luxury products. They know they are no good. The more exclusive Lucid cars are, the more the Chinese will want them.
Additionally, since the Saudis own a billion shares, almost every single wealthy person in every gulf state will buy Lucid. (also the Israelis.).
That’s 200,000 annual car sales right there.