I like that car but it’s too damn expensive. The EV market has one leader.And until the legacy automakers figure out how to compete it will remain that way. There is only one company that is profitable, disruptive, innovative and operating at scale. One. That’s why I’m long here. Companies go out of business because of two things, lack of capital or lack of management expertise. Lucid is running out of cash. T$la to $500 p/s, that’s the 12 month goal.
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We’re repeating history here. I won’t rattle off every US ice automobile manufacturer in the early 1900’s but it’s ~ two dozen. Then consolidated into the big 3. Looks like the same thing with EV’s. Vw/rivian was possibly a tipping point. Long and short of it is good ideas will get scooted aside, in favor of, like you say, capital, management and if I may add, marketing,. It will sort out.