Lucid Motors Named Official Partner of 2025 Geneva Open - New Lucid Ambassador 🔥 Stock Analysis
Overall Thesis
Lucid named official mobility partner of the 2025 Geneva Open signals marketing expansion into Europe and hints at an upcoming brand ambassador from tennis, while big institutional buying on dark pool, 13F data showing Citadel and de Shaw increasing positions, and Elliott Wave projecting $3.02 point to a technically and fundamentally improving setup.
Narratives
Lucid's Geneva Open partnership is the first major non-Saudi, non-North American marketing push, and the speaker believes it presages a tennis-related brand ambassador announcement. Q1 13Fs show major institutions (Goldman Sachs, de Shaw +62%, Citadel increasing calls +28.4%) buying Lucid, with dark pool showing a large block purchase. Elliott Wave technicals project $3.02 as the next target, and the stock closed above the 200-day MA for the first time in a while.
Key Arguments
- Geneva Open partnership is unprecedented European marketing expansion for Lucid
- Speaker infers Novak Djokovic or another tennis star will be brand ambassador given timing
- Citadel reduced puts 38.57%, increased calls 28.41%, increased common stock — bullish shift
- de Shaw increased common stock 62%; Goldman increased 88.82%
- Dark pool: large block buy (~2.3M shares in duplicate orders by same entity)
- Elliott Wave targets $3.02 next; then $3.50-$3.60