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CCIV - Long + 40%
Will Lucid be the next Tesla?
Today we take a look at CCIV (Churchill Capital Corp IV). The company has completed a merger with Lucid Motors. This makes it possible to invest in Lucid Motors in a "direct way".
Lucid experienced extreme hype back in late 2020 before correcting (as with other technology companies). Is now the right time to invest? I say yes. Because of the premature hype, you could already see the potential of this stock. However, I doubt that CCIV will suddenly rise to a price of several hundred dollars like Tesla. However, this does not make the company any less interesting. Over a longer period (3 years plus), I think several hundred percent are possible. Besides, Lucid seems to be the only company besides NIO that could become a real competitor for Tesla. In addition, the company confirmed that the first vehicles will be delivered as early as this year.
Today we take a look at CCIV (Churchill Capital Corp IV). The company has completed a merger with Lucid Motors. This makes it possible to invest in Lucid Motors in a "direct way".
Lucid experienced extreme hype back in late 2020 before correcting (as with other technology companies). Is now the right time to invest? I say yes. Because of the premature hype, you could already see the potential of this stock. However, I doubt that CCIV will suddenly rise to a price of several hundred dollars like Tesla. However, this does not make the company any less interesting. Over a longer period (3 years plus), I think several hundred percent are possible. Besides, Lucid seems to be the only company besides NIO that could become a real competitor for Tesla. In addition, the company confirmed that the first vehicles will be delivered as early as this year.
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