That’s the thing, they have tapped in to a well of money; they have the backing of the Saudis to a large extent. So they do have some runway, as there’s some heavy political commitments there. The Saudis want diversity and they built a factory there.
Same guys who started Tesla make the same mistake on their own. Lucid just needs a cult of stans for infinite money.
That’s the thing, they have tapped in to a well of money; they have the backing of the Saudis to a large extent. So they do have some runway, as there’s some heavy political commitments there. The Saudis want diversity and they built a factory there.
So they have their stans, for a while.