Is the stock a steal or not at 2.2

Interesting commentary from former Tesla bull Gerber
Ehhh

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Interesting commentary from former Tesla bull Gerber
When you have the opportunity, you make it happen. Wonder what he thinks about all the lies Musk told? These cult Tesla fanboys can go shove their logic you know where…..

Another good example why I despise Tesla fanboys
 
I bought a lot when it hit $1.99 a few weeks ago to add to my position. Glad I did that, obviously. I will continue to add on dips. The triad of Uber, Lucid, and Nuro is a remarkable success. Uber will put the self-driving Gravity on the road, and people will ride it and say, "This is a great car, what is it? It should sell a lot of Gravities. Hopefully, Lucid will do so, utilizing co-marketing and including a QR code in Uber that links to Lucid's' Configure Your Gravity' page.

Additionally, with the Nuro Driver integration, Lucid is expected to offer some of this technology in the retail version of Gravity, potentially providing L3 autonomy on all roads. Dream Drive Ultra perhaps!
 
I don’t think that is the reason. To go to $1 means a 70% drop….when sales are increasing, other manufacturers pulling back on EVs. I believe it’s strategic to allow for more institutions to buy and allow for margin trading. This pulls in more investors. Being a penny stock not good. This is the time to invest in Lucid…..many catalysts ahead, better to get more investors in now before midsize ramps up. That’s when exponential growth happens…..just like Tesla.
Honestly this is how you should think of Lucid, in my opinion.


Bezos explains this well in regards to the Dot-Com bubble.
 
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