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CCIV - Meet the EV Rival Gunning for Tesla's Market Share
Lucid Group Inc Com
Tesla (NASDAQ: TSLA) has achieved a significant first-mover advantage in electric vehicles -- but as the demand for EVs grows, so does competition. One EV rival that deserves closer analysis is Lucid Motors, currently planning to go public via a merger with the SPAC Churchill Capital IV (NYSE: CCIV) . Lucid's performance and price superiority over Tesla could reward early investors with multibagger returns over the next decade.
Lucid Motors's Air EV aims to take on Tesla. Source: Lucid Motors.