CCIV - Where Will Lucid Motors Be in 5 Years?
Remember the '80s? If you do, you probably recall the Cola Wars that dominated Super Bowl commercials and other major TV events. While that battle has waned, a new one seems to be rising: one involving electric vehicles (EVs).
While Tesla (NASDAQ: TSLA) holds the pole position as the most recognizable luxury EV maker, Lucid Motors -- soon to merge with the SPAC Churchill Capital IV (NYSE: CCIV) -- is racing ahead in its attempt to challenge the EV king of the road. The upstart manufacturer aired a commercial during the episode of Saturday Night Live that Tesla CEO Elon Musk hosted earlier this month. Besides potential customers, investors have also taken notice of Lucid, so let's look down the road to see what it expects over the next few years.
Image source: Getty Images.
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Where Will Lucid Motors Be in 5 Years?