Should You Buy Lucid CCIV Stock Today? 🤔 | Churchill Capital Stock

<p>Is CCIV Lucid Churchill EV SPAC Stock a buy today? Churchill Capital Corp is merging with Lucid Motors, an EV company that designs and manufactures electric vehicles. The Lucid Air is set to hit the road this June. Today we examine the likelihood of this happening and the strength of this investment. We also look into the merger with Lucid, the expansion plans, the valuation, the financials and the LUCID AIR. CCIV stock has crashed recently. What's next? Is Lucid the next Tesla?</p> <p><br></p> <p><strong>In terms of vehicles, their first model, the Lucid Air, is supposed to hit the road in June. In terms of vehicle class, these go in the high tech luxury vehicle basket at a starting price of $70k. &nbsp;As its manufacturing capacity scales, Lucid will be able to sell more cars and maybe even reach profitability quicker than Tesla. The car looks bad-ass. You got a seamless connected experience, where you get in the car and it recognizes your face. The car is supposed to have a driving range of up to 830 km according to EPA estimates, which gives it the highest range of any electric vehicle currently on the market. It also features a 113-kWh battery pack and fast-charging capability. When plugged, the sedan should be able to get 480 km of range in 20 minutes, which is very impressive. Additionally, new owners are supposed to enjoy three years free fast-charging at Electrify America charging stations. Just like Tesla, Lucid will update customers with the latest software over the air.&nbsp;</strong></p> <p><br></p> <p><strong>Then we got Biden’s infrastructure plan, which entails a $174 billion investment in the EV market. This will directly benefit EV companies and consumers by giving them sales rebates and tax incentives to buy American-made electric vehicles. With increased government mandates for electrification, combined with a huge growing consumer’s desire to own an electric vehicle, electrification of the automobile industry is taking place internationally at a rapid pace. Although Biden’s plan was a bit