Lucid cars are unproven

$Lucid Group Inc(LCID)$ Lucid tries to go from 510 million shares to 15 billion shares, CEO spoke of only delivering 577 cars “sometime”, he’s delayed production since last year, the cars are overpriced- $160k per vehicle, no solid charging infrastructure, bills to keep up the casa grande plant is mounting, he’s screwed investors with the $15 PIPE deal, he’s screwed investors with the delisting of warrants, Lucid owes billions of dollars to Saudi, Saudi is the majority shareholder 60+ percent. Inflation is killing the economy, Lucid does not have the best technology by years end, and economy of scale will be a limiting factor, several EV companies will compete and outperform Lucid, and Lucid cars are unproven.