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After decades of failures, finally electric vehicles are making a bid for the top spot in automotive propulsion. Tesla (NASDAQ:TSLA) busted that door wide open and hundreds of companies are trying to rush through it. Most likely, the bulk of them will fail but there are few standouts. Churchill Capital Corp (NYSE:CCIV) is bringing one that has high-end promise. Recently they brought Lucid motors public through a SPAC. CCIV stock, like many other SPACs. is already a wild ride. Today we try to make sense of owning it.
The decision to buy CCIV stock will depend on personal preference and portfolio. Some people pics for EVs would be either Tesla or Nio (NYSE:NIO) because they are currently earning their way to success. Honing a big operation’s efforts for improvements is more tangible for my taste. Read More About Churchill Capital Corp Stock
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Disclaimer: I am not a Financial Advisor. This Information Is for Entertainment Purposes Only. Please consult your financial advisor or broker for financial or stock advice.