$LCID. @LucidMotors 1/5 🧵 LCID needs approximately 200 studios & service centers across the U.S , Canada, S. Am., Europe, China & M.E. in Next 2 years. With average cost of $3-$4 MM / S.C & $1 MM / studio, the CAPX could top $1 B for this. Once this footprint is in
2/5 Place, the cash burn on CAPX will 🛑. Also, the construction spending on the AZ plants will stop 🛑 as well. The Production & deliveries are bound to increase due to the market footprint expansion & consumer awareness. #Lucid will easily raise additional capital if needed
3/5 And will be able to complete the expansion into the Asia & M.E market via the S.A plant. IF #Lucid can increase production to 400 cars / day at the AZ plant by late 24 or early 25. The revenue from higher price #Air models gives $LCID an advantage over the lower & mid price
4/5 EV Manufacturers competing for the entry level EV buyer. Right now Market is giving $LCID a fair valuation at the $30B range & the stock is trading at 3%-5% to $TSLA stock. $LCID will be volatile as part of S&P100 & will go lower IF the markets go lower. IMO, $LCID is a
5/5. 3-5 year investment opportunity as a company. It could be both a good growth company & a good product to own. I own & trade $LCID commons & options. I truly enjoy driving my #Air. Those who own 1, can relate!!! Please DO UR own DD & good luck 🍀…. 😎❤️🔥🏎

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