I must admit that I am still buying very small amounts even at these level on a DCA basis, but is anyone actively worried about a potential reverse split somewhere down the line? It’s clear that they will have to dilute again and it’s been said recently that they may look to other investors...
what really needs to happen is for Lucid to hit their guidance on the first prediction and not revise is multiple times throughout the year. I understand that’s easier said than done, but we should start seeing some rate cuts in 2024 that’ll help with sales.
I’m not sure. What I do know is that these higher interest rates are going to remain higher for an extended period of time. This along with the looming recession makes for a very bad economic situation if you’re an up and coming EV company. This is just my opinion of course. Great car and tech...