Lucid Motors (LCID) is a stock to know about and in this video I discuss who the majority owner of Lucid Motors is and why it is so important to know.
Videos To KNOW About Lucid:
⮕ Lucid Motors CEO Peter Rawlinson (Former Tesla): https://youtu.be/_Cp0U5N5iwE
⮕ LCID Intrinsic Value By Yahoo Finance: https://youtu.be/RxSOPnzTfa0
⮕ What Is Lucid Motors? (Explained in 4 mins): https://youtu.be/fkaZ-LEqSxU
IMPORTANT: Why make a video on this?
With this much control over the stock, it is the same as my other video on the CEO. The leaders of a company are what determines the potential return, good or bad! If this PIF sold all shares the stock will tank, if CEO Peter changes fundamentals of company in a very negative way it will tank. Vice versa, if they want the company to succeed they will work to get through whatever steps in their way.
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Although you have to do your own due diligence, this video does cover a lot of information to the Lucid Motors (LCID) stock that is heavily involved with majority owner PIF, Saudi Arabia.
Lucid Motors (LCID) definitely has risk right now as they do not have mass production of vehicles but if that is to be seen soon (as stated they will) then this company has the chance to grow.
With the Lucid Air (LCID) electric vehicle getting EPA 520 miles, it is the best in the world even over EV dominator Tesla by over 100 miles. Lucid Motors (LCID) is also valued much smaller than Tesla (TSLA) but has the potential to dominate the Luxury EV market if we can see mass production and a strong business model in the coming future!
Lucid Motors Company Presentation: https://lucid-ir.s3-us-west-2.amazona...
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Disclaimer: I am not a financial expert and everything said in this video was said to help give you knowledge, you should not buy a stock or rely on me because of my personal opinions.
#lcid #lucidmotors #lucidstock
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