Smarter people than me.... What is causing this?
“The dilution is done”… for now. We’ll see another dilution round late summer or fall to support the midsize release. My prediction is Lucid trades sideways until December then trends up when midsize production & delivery announcements take place. I’m going to DCA along the way.Hertz deal helps. It's very oversold. The dilution is done with the PIF. They got their shares at cheap prices. Time for the panic is over for now.
Its not late 2025 anymore, just ask the golf pros.No one talks about the trillion dollars the PIF will invest in the US. Foolish at this point to think Lucid won't benefit from some of it. Might take another year to get it, but its coming.
I'm not smarter than anybody, but probably just shorts, IMO. They make a lot more money when they take their foot off the brake from time to time.