Trump's removal of the EV subsidies is hugely beneficial for $LCID! Let me explain why. 

Lucid's current owner base has never gotten a 7500$ tax credit. They don't care about 7500$ nor will the future owners of Lucid Air and Gravity. The only ones who benefitted from this policy are the cheaper models and they're the ones who are going to be hurt. 

Now one can ask what about when the midsize comes 2 years down the line? Won't that be impacted by the removal of the subsidies? It will NOT! Lucid's moat is its battery tech which makes up about 20-40% of the cost of an entire EV. Lucid already has around 15% cost advantage here due to it's efficiency when you compare a Lucid Air Grand Touring (4.61 m/kwh) to a Tesla Model S Long Range (4 m/kwh). So midsize can have a much smaller battery than a Tesla and still go the same distance or farther whilst looking sexy! 

Now the next point is no more funding for the EV charging stations! But the sole purpose of that policy is to give $TSLA an upper hand in the charging infrastructure now that they're much ahead of the competition already. This order will not affect Lucid's growth or plams even a tiny bit.

In essence, nothing in Lucid's timeline has been impacted because of this regulatory change imo. Lucid is going to shine bright amongst the boring Teslas because the playing fields have been evened out. I think Elon dug his own grave here.
#lcid
#LCID