$Lucid Group (LCID.US)$ What I always struggle with is that ...

$Lucid Group(LCID.US)$ What I always struggle with is that a stock price is only "partially" based on absolute valuations.... plus a whole lot of "perceived" value (e.g., meme stocks). Tesla's P/E at one time was over 1000 when the average S&P 500 stock was in the 20s. Its P/E is 368 today and a lot of people still see it as a buy, even with its valuation being more than the top 10 car companies COMBINED! Long on Lucid because of its great tech, excellent management, and future growth plans.