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$SoundHound AI (SOUN.US)$ why is this moving up?
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Risks with Lucid
The biggest risk for Lucid is the production ramp. The electric vehicle manufacturer lowered its production target earlier this year which solidified Lucid's short-term down-trend. If Lucid fails to deliver strong reservation and delivery growth in Q2'22 and beyond, shares may revalue lower.
High inflation and cost increases for raw materials could slow product demand and revenue growth for Lucid's high-priced electric vehicles going forward...
The biggest risk for Lucid is the production ramp. The electric vehicle manufacturer lowered its production target earlier this year which solidified Lucid's short-term down-trend. If Lucid fails to deliver strong reservation and delivery growth in Q2'22 and beyond, shares may revalue lower.
High inflation and cost increases for raw materials could slow product demand and revenue growth for Lucid's high-priced electric vehicles going forward...
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72744092 : Because it’s not moving down