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It's good to know that they have made some progress recently but it's still far from where China is in both scale and growth. Actually those two countries don't compare in the realm of manufacturing. I hope they can use their money to buy out as many lithium mining sites as possible so that they...

I highly doubt that the middle east is capable of catching this industrial revolution of EVs. They are not in the position to do even the basic manufacturing let alone manufacturing vehicles. A country as mighty as the US ran into supply chain issues. I don't think Mohammed bin Salman can do better.

I totally agree that geopolitical tension is a big factor in making the decision. The political risks are so much higher then the old days. Given those risks, China is still by far the fastest growing EV market and manufacturing powerhouse. Tesla couldn't be what it is today if Elon didn't make...

They hit production hell at that time. Things changed completely and their stock soared 10x after Giga Shanghai kicked in. Lucid should seriously consider making the same direction move.

gray?

When will their AMP-1 phase 2 start production? They can't make profits at the current maximum production rate of 70 cars per day. They reported a net loss of $530 million for the third quarter. Assuming the avg price of a Pure is $0.09 million, their maximum gross income for a single quarter...

I voted for RWD since it has less motor whine and potentially more range.