- Lucid Group is 62.7% owned by PIF, one of the world’s largest and highest credit-rated sovereign wealth funds.
- Lucid Group should have an A3 investment-grade credit rating equivalent, which would be the highest-rated US carmaker credit.
- Amidst recent price lows, the market has missed the tremendous implications of Lucid’s financial strength and “Tesla killer” technological advantages.
- With PIF backing and Lucid’s $40 billion market cap, Lucid should buy into several carmakers like Mazda and Aston Martin and transfer Lucid’s technology.
- Lucid has a clear-cut path to emulate Tesla’s long-term growth, but trades at a paltry 3.8% of Tesla’s current market cap.
For further details see:
Lucid Group: The Highest Credit Rating Equivalent Amongst U.S. Carmakers