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$Lucid Group (LCID.US)$ Their cash burn rate is too high. Ev...
$Lucid Group (LCID.US)$ Their cash burn rate is too high. Every car they sold, they made a lost of 250k. Cost of production is too high. They should have manufacture their cars in China to bring down the costs as what Elon Musk did. Unless there is a drastic change , Lucid will be bankrupt by end of next year as predicted by Elon. Very sad. Vested.
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GreenDay : Surprised this stock trades over 7.00. Not a sustainable business model.
OraSun OP GreenDay : I bought @54 two years ago and DCA to 44, still holding, consider it as lost investment.