Got into CCIV super late and then it tanked. Is it likely to recover? Worth holding for the long haul?

like
Posting as :
works at
You are currently posting as works at

I think you should average cost down, and yes worth a hold for the long haul. They say its the next tesla, CEO of Lucid is former Chief Engineer of Tesla and he actually designed the S3 model. Lucid cars have better battery -longer last 500 miles, and recharge faster. They are also going into other types of things like planes, manufacturering etc. I would definitely keep. I will buy more on these as it dips. It’s definitely a good competition to Tesla.

like

Thnx thx

The market for luxury EVs is very, very small. Keep in mind you’re investing in a company that will continue burning capital, has no charging network (outside of substandard electrify America), and has yet to go through manufacturing hell and come out the other side.
Tesla barely made it. I’ll put my money on the company that will disrupt energy as a whole vs luxury vehicles.

like

I think both are valid..I'm in Europe after 10 years in US. I think Electrify America is doing great..Over here there already a bunch of alternatives to Tesla Superchargers..At the end also most people charge at home. Tesla rules in EU also but Jaguars are selling good and with VW now cheaper than Tesla competition is gearing up..

Long haul for sure..I don't day trade anyway and I think that of the new EV stuff, Arrival has the best tech/design for B2B..also the only major new player in Europe.

What price point did you get in at?

Not making much as of now..but again..for the long haul on Arrival, same thing for Lucid.

Their target market has been my main concern and reason for not investing on them. EV adoption is still in its infancy. And the two biggest markets for them already have at least two better established players.
And these players have their own "higher" end models. And by the time Lucid starts to release theirs, it is not impossible that they will release something to compete with it. Plus, a lot of other companies jumping on the EV market as we speak.

Tesla and Nio I’m guessing

helpful

Related Posts

It’s my birthday today and it makes me sad when this day comes around every year for some reason - maybe the realities of becoming an adult, it just feels like any other day.

likeuplifting

I’m in FDD… I know I signed up for this but there’s something about the anxiety that comes on a Friday knowing that we still didn’t get access to VDR .. and how that anxiety grows as you enter the long weekend knowing that access can happen at any minute (or not) and you have to tippy-toe on the idea of potentially cancelling on your memorial weekend plans. I know the unpredictability of our job but phew 😮‍💨

like

What’s current market rate for Managers in FDD in Chicago? Im not looking to jump ship, but curious what raise at my current company would bring me to market rate.

like

Are you sick of tired of being sick and tired!!??

I know I am. Just like you the recent murders of two black men have done a number on me.... and I can’t just sit still with this. I wanna take action. I want to do something. Create something. Develops something that can create change.

So what is the output? I’m not sure. And that’s why I am reaching out to you all. Let’s use our talent in advertising to make something that will sway people to “PULL UP”!!! Let’s chat!! The time is now!!!!

like

Are there any activities that students can do in your class that includes a physical takeaway they can keep as their own? In our engineering program, students can keep or opt to sell jewelry they make, as well as prints they digitally design.

Post Photo
like

I received a call from Infosys after 20 days of interview for offer discussion, I was ok with the offer , HR said she will get back, what can I expect next?

like

There’s no reason you have to put up with a job you hate. I spent many years working in a toxic environment with a boss who gossiped and lead through fear. He wasn’t really much of a leader but basically a foreman. And he could make my existence miserable. I admit that it wasn’t easy to find another job but the bottom line is: trust your guts. If you feel something is wrong it’s because it probably is. Don’t second guess yourself. Look for options and and fight for your mental health.

likeupliftingsmart

How long does it take to move from associate 1 to associate 2 in pwc ac?

like

For Virtusa internal candidates :

If anyone has basics testing knowledge and good comm skills and willing to move to testing domain, feel free to comment

Does NTT middle East hire temporary employees and if so is it trust worthy to Pursue that?

like

Hot take: I like our decentralized staffing model because I can work in any industry and it creates less of a “class divide” between offices

like

How do you ask for points?

like

I have got an addendum letter from Wipro today stating that my date of Joining has been extended by 45 days. My joining was in mid August. I have 2 options to Accept or Reject the addendum.
Can i reject the addendum, how will it impact if I reject it ?

like

Anyone mind sharing thoughts on Nvidia, WLB, pay etc?

likehelpful

Looking for a resort to use points at for a girls getaway. Limitation is no zika places so pretty much continental US or Bahamas. TIA!

like

Are A&M seniors really equivalent to B4 Managers? I am up for promotion this year to M1 and am interested in joining A&M but I’m hesitant as I understand A&M would only bring me on as a senior

like

Any embarrassing moments so far in your first projects?

like

What are some most common guesstimates asked from PM's?

like

Any recs for insightful and well written books on entrepreneurship? Friend is trying to launch his own startup so I’m thinking of sending him a relevant book as part of a thank you gift

like

How do folks who are already at MBB (coming directly from undergrad) financially justify getting an MBA, given you’re already so highly compensated? Isn’t the opportunity cost astronomical both in real dollars, missed salary, and progression?

like

Additional Posts in Stocks

Anyone holding Hyln for long term ? What did you buy it for and what is your price target ?

like

$RNWK 🚀 is it next GME?

likeupliftingfunny

I like these tsla gains yummy yummy delicioso, GIMME more for my tummy

like

Has anyone started an LLC, S-corp, or C-corp for your day trading? If so what are the requirements for getting started with that?

like

Alteryx stock - thoughts on the company as a longterm investment?

like

What’s been the sentiment on MARA? Is the blip gone?

like

Hey hey guys....

J Pow-->market manipulation

Arrest him /s

likefunnyupliftingsmart

Interested in investing in real estate. How to even begin and what apps should I be using?

like

Should we keep MNLO stock? TIA!

like

Does anyone have an idea on the best emerging markets to invest in before the recession hits? Is gold, or any other commodity going to be the safe haven as well? Thanks everyone

like

KTOS - seems like a good play if things escalate in the Middle East

like

What is your top stock trading platform? I use Ally invest and Robinhood. Not happy with both. Looking for a platform with low fees, fractional shares and solid analytics. Thanks in advance

like

Thoughts on LCA stock?

like

Pretty new to stocks and investing I would like to invest $200-$300 a month in an ETF index fund which do you guys recommend? Also would like to invest some money monthly in a more risky stock which do you guys recommend?

like

Who day trades / swing trades with another job? Any tips?

In particular wondering if it’s a sustainable side income or just for fun, and what are you trading (stocks, crypto, forex, futures, etc.)?

like

Anyone else following Rocket Lab’s debut today?

like

How do people feel about VGAC going for the 23 and me merger? Shares are about $10 now and I’m thinking I might buy in and see where it goes. Thoughts?

like

Thoughts on Peloton? I bought at $32 but recent rise make me think I should buy more...

like

RKT, any thoughts?

like

Any recommendations on where to invest 10k? I have about 15k in stocks but I don’t think I’ve done a great job picking stocks. Also for people making 150k+ how do you budget your money monthly?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal