- 15 Jul 2020
- Team supported
- Manchester City
Same here. I only bought a few shares, but got them at $17 (when they were CCIV) and they are now ~ $50 less than a year later. I don't profess to know too much about the company but there's plenty of people who think there's more room to grow here.I also have some shares in another fairly new EV company Lucid (LCID). Bought in cheap when it was rumored to be merging with a Saudi investment fund as a SPAC. They have recently started to produce their first cars and the rollout process has begun after selling a few thousand of their new car. Compared with Rivian (who are yet to produce one car), I think Lucid are much better value and will have a good run-up in the years to come.
The gains here are helping me offset my losses, including NIO, which I hope will rise again soon.