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CCIV & LUCID Merger Update With Price Predictions | Buy The Rumours?
CCIV stock may spike as soon as this week. There has been some stellar investigative work by folks on Twitter pointing to the possibility of CCIV (Churchill Capital IV SPAC) and Lucid's merger. I bring you that news in this video. If CCIV is, as a matter of fact, merging with Lucid motors this stock could absolutely fly. Here is why CCIV is one of the best stocks to buy right now. Lucid had an all hands meeting on January 15th to discuss going public by April in order to ship cars by June. Of course Lucid is seen as a Tesla competitor and if the merger is true we could see this stock fly in a similar way to NIO stock. Lucid stock might be the next big EV play. EV stocks. Insider info pointing to CCIV/Lucid merger.
Lucid Motors (LUCIDM) CEO Pete Rawlinson posts an update on the electric vehicle maker's plans for the year. Some excerpts are below. "Make no mistake, 2021 will be a critical time for the EV industry as a whole. It's a time of transformation. Stateside, we expect climate change to be a key focus of the new American administration, much like elsewhere. Electrification is a technology race, and though you’ll have options, it’s my belief our devotion to efficiency and luxury will put Air well above any competition. "In just a few short months, the Air shall be in production. Few companies have ever made it to this point. Our first product will define us, so trust that it will simply amaze. For those who have already reserved, thank you for supporting us on this journey. This is the year we’ll begin delivering your cars, and we can’t wait to see them out in the world."
"We’ll be supporting you with a network of new Lucid Studio and Service locations — in addition to our nationwide charging partnership with Electrify America. Building on the five Studios we have now, expect 20 by end of year, including international expansion. We’ll also be making strides on endeavors such as Project Gravity, our first SUV. We believe electric is the way forward, and will prove that to you with release of the groundbreaking Lucid Air."
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#CCIV #LUCID #PRICEPREDICTION
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