 Hmm What's up money geeks mr. V here welcome to another video guys so in this video we are going to talk about lucid model This is a company that I've covered here on the channel I mean again, I'm long on lucid and I'm holding Until the cows come home. So they've had some updates and I wanted to make sure that you guys are Aware of what's going on and they will just talk about some price prediction and the future of lucid So before we get started guys via new to the channel, we took about how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on new content. So most recently in the news We guys know a lucid the stock itself with the charge sheet capital has been taken a beating But the company continued to put out some information Trying to motivate their investors just to let them know that hey It's just a matter of of time and one of those was just recently to put out the fact that they have Another plan for their battery in the vehicle So if you notice like most companies have like a battery pack like Tesla has a battery storage Business that they have and lucid wants to do the same thing But instead of using new batteries for that battery for that energy storage They want to use their used batteries out of their vehicles So if you buy let's say a lucid air that comes out in the second quarter of 2021 if you buy lucid air and use it once the battery starts to you know starts to die You can use that battery for energy storage. That's the plan right now that they're talking about and then also Just leaked images of the lucid gravity You know in Europe, so I'm gonna show you guys some images here. So you guys can actually see so this is This are the images that came out for lucid gravity Which is a little bit different from the ones that they had in the investor presentation like the glass top wasn't there I mean, I would expect that there would be multiple iterations before they have the finer design that would go into production So expect to see more leakage like this and I'm pretty sure what it's simply doing here is putting out these images so that they can Hear from their critics and hear what people are thinking and then make modifications You don't put out designs like this just for the sake of putting it out They do want to test and see what people think about it before they can have the finer design That's my personal take on it because if you didn't want anybody to see there's a way that you can hide this Information and not put it in the public sphere. So just so you guys know and then so more news here again This is the fact that they want to start using their batteries after you've used it in your Vehicle you can reuse that battery as an energy storage again Like I said Tesla has the energy storage they use brand new batteries But these guys want to reuse their already used baddies in the electric vehicles for that purpose I don't know how that's gonna work But they seem to think that this is really gonna work out and be a good way for them Instead of recycling the batteries right off the bat They want to go from using it in the car using it for energy storage before potentially going about recycling That so let me just bring up some more stuff here. So if you can see here again Lucid highlights ultra fast EV charging so more news again that EV they're putting out there And this is like an email that is sent out to their Customers so potential customers per se so you can see introducing range confidence So what is with one big thing about EVs is the fact that you don't know where you can run out or charge So in this case people get scared What if you're trapped somewhere in the middle of nowhere without any access to charging so they actually trying to give people Confidence that along with enjoying the lucid a incredible range You can now take advantage of our partnership with electrify America the most extensive network of Ultra fast charging stations nationwide so they're building this partnership so that people can Be confident and not have that fear that they can get stuck somewhere if they buy the car So again, this is just way to make their customers feel like hey, you know, even if I don't have a lucid a charging Station somewhere around me electrify America would still give me that potential to actually be able to charge my car So again building confidence. So when I was doing this video, look at where Lucy is currently trading right now And again, the ticket symbol is CC IV. This is church here. Capital. This is the spark. That's taking lucid air public So when I say lucid air straightening, I'm talking about the spark that's taking them public So they're sitting right now at twenty six thousand and fifty three cents again guys Like I've said on the thirty dollars. I've just been buying more and more as I get some extra cash I just keep loading up on this because I know once this thing finally hits the road It's gonna move fast. So I don't want to be scratching my head and like I wish I had bought more So from here anywhere between 20 and 30 to me. I'm just loading up. All right as I see the opportunity Buying as much as I can so that's my personal plan So hopefully you have a plan for investing in the stock again, you guys know what happened to the stock They went as high as are less if you can get here as far as close to $60 and then even when they announced the merger It's just crashed and came down to $22 at one point and then just being between that 20 and $30 price point So that's why to me I feel confident that this is kind of like the support and I'm just I just keep adding to to my position Again guys my personal take I'm long on Lucid. I think the the company has a really good future They have taken the time and not just rush to market They've taken the time and actually build a sustainable business The building if they have their factories right now getting ready for production of their first EV sedan, which is the Lucid air most companies just come up with concept and they go public These guys came up with the concept. They've designed their vehicles. They've tested it I did a video the other day. I think two or three days ago I told you guys that these guys actually tested this lucid air without any camouflage drove it on the streets in LA and people could see it Give some feedback and what needs to be, you know Modified or some of the changes that it can do to improve the quality of the vehicle. So again, I'm still Just buying more of this case. I see a really good future. So Let me know what you guys think in the conversation I mean this stuck right now a lot of people are really pissed about the fact that the thing just crashed So a lot of people are not happy with the stock right now because the anticipation was that Once the merger was announced the price of the stock with the skyrocketed But it completely went the opposite way. So people a lot of people are holding the bag on this one And they don't like that. So again guys, if you are like me, I'm not going into this stock Just to do a quick get a quick One or two dollar here. I'm holding this one for the long run. So I'm buying as much as I can Building even a bigger position. So that's my my personal approach again Let me know in the comment section what you guys Think about is if you're new to the channel, we took a bar hard 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 So don't miss out on new content also guys if you are looking to get started with investing We both has their promotion where if you sign up and deposit a hundred dollars You get free stocks links in the description below and as always guys do your due diligence Don't be a greedy savage and stay motivated