Lucid Motors Finalizes Merger with CCIV Spac Stock
Find fake news here. https://lucadesignslegit.medium. ... -stock-b3d31964348fYou are probably wondering who Tray Walters is. I am related to one of the part owners of CCIV. I am tired of seeing market manipulators discredit the Lucid merger. We are here to expose the firm responsible for the crash of January 25 2020 and the tie between the reporting agency.
To clear things up. YES! Lucid will be merging with CCIV blank check as they have signed the papers in confidence. The
reason the firms took their time is a disagreement with the placement of the Lucid motors facility being built next week. It also became a strategic play by marketing who anticipated the delay to cause more buzz and a faster house hold name.
Lucid is expected to rocket to the $100 mark in stocks within 1 week of the merger.
I will tell you that the AIR will live up to its name!
The most promising part of the launch — especially for people who find it hard to differentiate between the Wild West claims of the many electric vehicle startups — is that Lucid Motors is helmed by CEO and CTO Peter Rawlinson, who not only formerly served as the Vice President of Vehicle Engineering at Tesla, but was the chief engineer of the Model S.
The Verge has a thorough breakdown on the Lucid Air, delving into both the exceptional specs (noting that the newcomer bests the Model S in range, acceleration and charging time) as well as the potentially problematic financing behind the project: “… the company gave up majority ownership to Saudi Arabia’s sovereign wealth fund in exchange for the $1.3 billion investment it closed last year.”
A Lucid Studio opened in December at Brickell City Centre in Miami. The company plans to have 20 studios in North America by the end of 2021.
Listed starting at $77,400, before a federal tax credit, the Lucid Air can go an estimated 406 miles on a single charge. The premium Grand Touring edition, which starts at $139,000, has a projected range of 517 miles and the ability to go 0–60 miles per hour in a blistering 2.5 seconds.
That's more range and a faster 0–60 time than any car in the Tesla lineup.
Lucid Motors manufactures its vehicles in Casa Grande, Arizona.
Similar to Tesla, Lucid Motors sells its vehicles directly to consumers, instead of through a network of dealerships.
More information coming soon. This will break the rumours.
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