Okay so I have some money invested into LCID stock and obviously the company is not doing very well aside from the unsustainable billions PIF is pouring into them. It is at a crossroad currently and many people are divesting.
But for me personally, although I know deep down it is a risky stock and isn't doing well, but I just really believe in it as a company and I think that is an important thing when investing. Their cars are genuinely good in almost every way and I think it is one of the few true competitors to Tesla. It is sad that they don't plan to have an economic car for the regular folks. Not everyone has 100k to put into their cars.
I guess we'll have to wait and see how their expansion in China and Norway will turn out.
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