und Motley Fool zu Churchill Capitals Spac
www.nasdaq.com/articles/...y-if-the-market-crashes-2021-07-17
"...Lucid's marketing strategy resembles the one used by Tesla (NASDAQ: TSLA): It plans to begin with the low-volume rollout of a high-margin vehicle, then transition to a lower-margin, higher-volume strategy over time. The company wants to establish its brand, gain recognition for quality and performance, get some sales and profits under its belt, and then expand. This game plan is less capital intensive and in many ways less risky than moving quickly to mass production. Given the failure rate of American automakers, gradual expansion seems like a reasonable way to go.
The company says the Lucid Dream Edition has an EPA-rated range of 503 miles on a full charge, and that its 1,080-horsepower engine can go from 0 to 60 mph in 2.5 seconds or less. The specs speak for themselves, but it's going to take a lot more than a hot car for Lucid to become a rival to automakers like Tesla.
Lucid has set some lofty business targets, including the goal of being profitable as early as next year and free cash flow (FCF) positive by 2025. Even if it hits all of its targets, it will need to carry its momentum forward for years to justify its current valuation.