🔴 Lucid INCREASED by $76M! | Supply Chain Issues Confirmed ⚠️ Major Update for LCID Investors
Overall Thesis
With Lucid closing above the 50-day MA, short interest confirmed as the cause of recent underperformance, and multiple potential macro catalysts this week, the stock is positioned for a move into the $255-$269 range absent further tariff escalation.
Narratives
Speaker confirms Lucid supply-chain issues are real (official response from Nick at Lucid acknowledging them) but frames them as short-term and similar to earlier Air production ramp challenges. Shorts were definitively identified as the reason Lucid lagged the market from March 31 – April 15, adding ~75M shares via dark pool. Lucid successfully closed above the 50-day MA, which historically leads to a 30-40% run, and the speaker sees limited downside for the week unless macro data is severely negative.
Key Arguments
- Lucid closed above 50-day MA ($244), which historically produces a 30-40% run
- Short suppression of ~75M additional shares via dark pool March 31 – April 15 explains Lucid's underperformance
- Gravity supply-chain issue acknowledged by management, viewed as temporary like the Air ramp challenge
- A US-China trade deal would drive a market boom that overwhelms short selling pressure
- Options open interest at $250 and $3 suggests no extreme short walls this coming week
- Lucid is wedged between 50-day ($244) and 100-day ($263) MAs, with breakout potential