Long
Churchill Capital - CCIV - Hitting the Buy Zone?
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.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.