|Bid||6,938.00 x N/A|
|Ask||6,950.00 x N/A|
|Day's Range||6,778.50 - 6,995.00|
|52 Week Range||1,340.00 - 9,129.00|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||290.98|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
There has been a lot of buzz around electric vehicle (EV) companies as of late. Despite all the competition, few companies seem to compare with Lucid Motors, which plans to raise $4.6 billion in cash through a merger with a SPAC called Churchill Capital IV (NYSE: CCIV). Here's why Lucid Motors could be a millionaire-maker growth stock worth buying now.
Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission (SEC). The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded 145,289 shares worth $89.6 million on June 14, and 90,111 shares worth $55 million on June 10. Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March.
Baillie Gifford’s Tom Slater invests in companies and CEOs with long-term vision, irrespective of short-term market moves.