Lucid Motors Luxury EV Car the Tesla Killer went Public
Автор: WC Daily
Загружено: 2021-07-26
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Lucid Motors Luxury EV Car the Tesla Killer went Public. It's been a topic of conversation for quite some time and the big day had happened this week. Lucid Motors has announced that the Special Purpose Acquisition Company (SPAC) merger between it and Churchill Capital Corp IV has been approved by stockholders. Lucid Motors SPAC: Tesla rival makes stock debut on the Nasdaq today under ticker LCID. Lucid Goes Public. It’s the Fourth Most Valuable EV Stock Now. Lucid Motors CEO says EV start-up is in an ‘enviable position’ as stock pops in its debut. Lucid Motors Luxury EV Car the Tesla Killer went Public lucid air lucid motors tesla. Lucid motor lucid IPO lucid motors ipo lucid motors went public lucid nasdaq lucid NASDAQ debut. Lucid vs tesla killer electric vehicles electric vehicle lucid air 2020 electric car stock market lucid motors car lucid car lucid motors vs tesl. Lucid air vs tesla lucid air car lucid air battery lucid motors stock lucid motors factory lucid motors news lucid. Lucid motors nasdaq stock price lucid motors stock price lucid motors stock symbol. Lucid motors stock ipo lucid motors price lucid motors stock ipo price how to buy lucid motors stock. How to invest in lucid motors? What is lucid motors what happened to lucid motors where to buy lucid motors stock. Did lucid motors go public can lucid motors compete with tesla can lucid motors take on tesla. Does lucid motors have a stock is lucid motors a good investment is lucid motors better than tesla is lucid motors the next tesla Peter Rawlinson ev Inside Lucid Motors EV Car Factory.
This week on Monday, July 26th 2021, Lucid Motors will begin trading on the NASDAQ under the ticker symbol "LCID." The EV automaker start-up announced last February its plans to go public sometime in the second half of this year. It's remained true to its word. The deal is expected to give Lucid a cash injection of about $4.4 billion. The money will be invested to expand its Arizona factory so that the Lucid Air luxury sedan can finally come to market. The Lucid Gravity SUV could debut sometime in 2022.
SPAC mergers are becoming increasingly common. Fisker and Faraday Future both utilized this reverse-merger method as a way to raise sufficient capital through an IPO by merging with private companies. Those companies are then able to acquire liquidity using the public market. Tesla didn't use the SPAC method when it went public back in 2010, but rather the traditional method. Lucid previously claimed it could be worth as much as $24 billion, but we'll have a more precise number in a few days.
Meanwhile, Lucid opened its Beverly Hills showroom last fall. The goal is to attract wealthy customers who desire something more luxurious than the typical Tesla Model S.
Customers can physically pick out interior materials, colours, and other custom touches before placing their orders. Like Tesla, Lucid is utilizing the direct-to-consumer business model, so forget franchised dealerships. Lucid aims to set up an additional 20 studio showrooms throughout North America by the end of this year.
The Lucid Air sedan carries a starting price of $87,500 after a $7,500 federal tax credit. A top-of-the-line Lucid Air Grand Touring will set buyers back at least $131,500.
So what do you think? The Luxury Car Maker LUCID Motors Which has gone public this week? Will it fulfil its Customers?
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