 Oh, yeah What's up money gigs? Mr. V here welcome to another video guys. So in this video, we are going to talk about take a symbol cciv Um, this is churchy capital That's actually in the process of taking lucid model public So there's been some development from the lucid model perspective and so I wanted to cover that I know I haven't talked about um one of my favorite ev cars here on the channel Lucid model, but boy trust me There are some good things in the making and so when I see goodness like is I get excited and I want to share that with you guys Um, so that's what we're going to cover into this video But before we get started guys, if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So if there's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content. So lucid model guys to me is like They're lexus of uh toyota for tesla So most people would ask me like oh, you already have tex tesla. Why are you still buying lucid? They are electric vehicles and I'm like, yep tesla is an electric vehicle But tesla here's set up itself as the the the pioneer and lucid model is coming in and saying We are going to distinguish ourselves with uh luxury. So we're going to be the luxury brand So if you take that if you look at toyota for example, they have lexus that makes them stand out if you look at nissan They have acura. So that likes that a luxury part of the business They're people they're people that want that and need that and so I like the fact that lucid is filling that void For the electric vehicle market space. So that's why I really like the stock. So Besides you guys have heard man. I've covered the stock here on the channel a lot When they first announced that we're going public And then we saw that massive pullback from the price that went up to about 60 something bucks And then people started getting scared. And so to me I've been slowly buying So right now sitting over I think 3000 shares my goal is to get to 5000 And I was just going to let it sit there and and ride for I don't know 10 years So that's my my ultimate goal to try to get that 5000 I want to do it right now when this thing is still hovering somewhere under 25 bucks. That would be fantastic But as you know, I mean it requires money. So I need to build up some liquidity to be able to purchase that But that's not what I want to talk about today What I want to talk about today is actually the fact that lucy is actually tapped are 10,000 reservations for their vehicles. So for their lucid air They've top 10,000 reservations. So the timeline has been they've gone from February 19, they had 7,500 reservation February 28, they had 8,000 may 13, they had 9,000 and june 22nd They have over 10,000 reservation And so the company is actually making some moves and reaching out If you guys remember back when Elon Musk actually did the snl thing. They actually bought Some at space there just to kind of throw Tesla which I understand and they got some publicity out of that because there is their Twitter account actually grew almost like double based on Just that ad that they ran so there's actually news out there So some key milestones that the company has actually been achieving again guys I have a ton of investment in this company. So i'm tracking their every move The first one that's been completed their pre-production Remember last time I did a video I told you guys that uh, the CEO actually took one of the pre-production cars for a ride on the streets of LA and so that was good so they've completed that phase and and and now they're actually moving into Producing quality validation built. So these are the ones that are going to actually ship to customers So their CEO recently confirmed that with CNBC that this is going in the right direction. So Just seeing that there's um actual Demand out there. I mean the number of reservations are going up Because I mean tesla is becoming Very normalized. So you drive there's every corner. You see a tesla right now So people I don't think that people are still getting that Vibe that they used to get or they used to have when they or you own a tesla You pull those like oh that tesla No people just says like it's just like another car like if you drive down the street Most people don't really look at it and give it a second look. I think lucid is going to be that next Car that people are going to Really turn your head to look against like what we're like, what was that? So again, like that's what tesla did. So lucid is going to take that space So i'm excited to see uh this move and now based on all these high demand They are actually expediting your the manufacturing. Remember, they also have an suv coming Called gravity. I really like the name um that gravity. So the plan is to stop Producing those suv's by 2023. So but now they had to like expedite their facility Build because they they're still trying to build their facility to be able to Accommodate all this manufacturing because I mean you're talking about being able to put about 90 000 units You know by 2024 so they need to expand that that facility So I mean they are doing the work right now to get us to that point I'm excited about this again, like I said, um the price where this company is currently trading right now I think it's very cheap in my opinion. So as soon as I see more opportunities I'm going to try to buy as much as possible again like under this $25 price point to me is just so great Just load up there and and just sit and wait This thing in next five ten years when we see it up there over a hundred or even 200,000 $200 that would be great. Then I can just sit back and relax Um, maybe I'll retire then I'm just kidding. I don't like retirement. I like working. So Again, that's what I wanted to bring to you guys so you guys can actually be informed and Take a look at this company if you haven't already do some research about them lucid model again to me it's their luxury brand for Our electric vehicles where I know tesla is like the main guy out there But lucid is coming and coming very strong With your luxury and you're going to sell a lot of people a lot of celebrities and people are going to want to I mean if it's luxury you're going to see it in No tunnel celebrities. So that's why I want to make sure that you guys are actually Inform on this way again. Let me know in the comment section. What you think about lucid or cciv Do you have this stock? Do you plan on buying it or What's your strategy if you've already bought it? Are you holding long term or you're just swinging it? Again, let me know in the comment section again before as we were doing this video right now You can see that lucid actually closed 24 dollars and 85 cents after hours it went up just 15 cents to About 25 dollars so 24 and 85 and then 15 cents to 25 dollars But again, if we just go back here The last month this thing is saying high of about 26 close to 27 dollars But that's about it. And then just going to pull back again a little bit. So Just sitting around that if we can go back six months, you can see that this thing actually Went as low as 18. It was 17 dollars at one point. That's may 13 It actually tested that 17 dollar price point. So Again, I would love to see it get back to these numbers here Well, we had in february that it got up to 58 dollars. So Then just kind of crashed from there But it gave us an opportunity to go in and go in big So that's why I'm loading up on the stock is I know for sure. There's a huge amount of opportunity Coming on there with lucid models. And so I'm buying and holding Long term so again, let me know in the comment section what you guys think If you're new to the channel, we took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell too You don't miss out on new content also guys if you're looking to get started with investing Weibo has their promotion where if you sign up and deposit 100 dollars You get some free stocks links in the description and as always guys Do your due diligence. Don't be a greedy savage and stay motivated You