Lucid Motors - CCIV - Recalculating - Technicals vs Fundamentals

Updated

Lucid Motors - CCIV - Recalculating - Technicals vs Fundamentals - From a technical standpoint, CCIV should return to close the gap around $50 after bouncing off the golden zone support. This is taking a long time for a company that is expected to increase in value with momentum. From a fundamental standpoint, Is the initial merger even complete? When will the symbol change from CCIV? There is no concrete delivery date for the first car deliveries. Each time they demo the car, they mention more improvements that need to be made. Then there's the elephant in the room. If the Lucid developers are from Tesla, will there be patent issues with the design and technology? Or is Tesla completely open source? Finally, from a speculative standpoint, if Apple is interested in Lucid, why wouldn't they purchase the entire company and cut out CCIV (is the CCIV merger final?)? We know Apple was interested in buying Tesla at one point. Basically Lucid needs some FIRM announcements to launch this stock to the next level. This is not financial advice.

Note

And now Mercedes Benz is entering the Luxury EV market!!!! Time is of the essence for CCIV.

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