Is Lucid Motors a Buy as its Merger Approaches?
The highly anticipated merger of Lucid Motors with the SPAC Churchill Capital IV (NYSE: CCIV) is right around the corner. On July 13, Lucid gave an investor presentation that confirmed a vote will be held this Thursday, July 22. If it passes, Churchill Capital will delist from the NYSE, and the newly merged company will be listed on the Nasdaq under the ticker LCID.
Let's discuss key updates from the company's presentation last week to determine if Lucid Motors is a buy right now.
Image source: Lucid Motors.
Source Fool.com
