EV analyst Claudio Afonso also reported today that
“…UBS disclosed in a new SEC filing it closed the first quarter of the year holding about 57.12 million shares in the EV maker Lucid Motors….”
Prior to their 33m shares purchase in Q1’25, they owned about 24m shares.
“…The purchase allowed...
“….on a winding mountain road chasing Lucid’s Senior Director of Chassis & Vehicle Dynamic Engineering, David Lickfold, proved that not even a $249,000 Air Sapphire with 1,234 hp can leave the Gravity behind….”...
Perfect time for Apple to get in Lucid for Apple car and a new ecosystem of AI in cars (e.g. FSD) then the home (humanoids…..). This could be part of the $500 billion American investment!
Someone has Mr. Cook’s ear?
Under the 2022 California Building Code, effective January 2023, new single-family homes must include pre-wiring for Level 2 chargers, while multifamily units require 40% of parking spaces to be EV-capable and 10% equipped with Level 2 chargers. Starting in 2026, all new residential units will...