Saudi Arabia Buying 100k Lucid Cars in Next 10 Years

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https://twitter.com/MarketRebels/status/1519052614683578368

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This might trigger a reversal in sell off on LCID. It’s up 6% on the news so far in AM. The problem is still if LCID can really ramp up production more than demand for their cars though. They have new factory coming in the next couple years in Saudi Arabia.

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The Up to - and 10 yr span kind of toss water on it a bit but I think it might pop it up a bit / though SPY over market could drag it right back