CCIV - Lucid Motors CEO won't commit to 20000 electric cars in 2022

Lucid Motors CEO Peter Rawlinson wouldn't commit to a 2022 target of 20,000 of the company's luxury cars.Rawlinson said the the company is targeting more than 577 of the Lucid Air models this year and "significant growth"  in 2022, he said in a CNBC interview. "We are very much on track for our plan," Rawlinson told CNBC. "We are aiming for over 577 vehicles this year and a significant increase throughout next year.''Lucid Motors is going public through a deal with SPAC Churchill Capital IV (CCIV). CCIV fell 2% and has dropped more than 60% since announcing transaction with Lucid Motors.In March, Lucid Motors says luxury EV model almost fully reserved.CCIV shares popped on Friday after the company tweeted about an SNL appearance on Saturday, where Elon Musk, co-founder of rival Tesla (TSLA) appeared on the sketch comedy show.

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Lucid Motors CEO won't commit to 20,000 electric cars in 2022