To my opinion, this is just a beginning for LCID, there is another big catalyst that I am waiting for, the red sea project in Saudi Arabia, Saudi Arabia want to build a biggest battery storage in the word. As you all may know, Saudi Arabia owned roughly 65% of LCID and LCID has a great potential to win this red sea project. Since Saudi Arabia already had big investment in LCID and they want to further promote their investment. Also, LCID was also a battery maker and it had a largest range (520 miles) in the world. Therefore, I believe LCID will win this red sea project and this is just my DD but please let me know your opinions. If LCID win this battery storage project, the share price will be significantly higher than the current share price.
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