Make It or Brake It: Lucid Motors Hype Leaves Little Margin For Error

Shell company Churchill Capital Corp IV (NYSE:CCIV) will soon merge with the much-talked-about luxury electric vehicle (EV) maker Lucid Motors. Lucid appears to have the technology and strategy to threaten Tesla‘s (NASDAQ:TSLA) hegemony in the EV sector. Despite not having sold a single car, Lucid was worth a mind-boggling $104 billion at one time, more than automotive giants such as Ford (NYSE:F). The speculative euphoria leaves little margin for error in its execution, making CCIV stock an incredibly risky bet at this point.