[impulser_]

Comparing Lucid to Nikola is stupid. Lucid is nothing like Nikola.

Yes, you could argue a 24b valuation is too expensive. But it basic supply and demand.

You have a limited amount of shares of a very hyped up company in a very hyped up industry.

Of course valuations are going to be expensive lol.

Valuations only matter if you are selling today or tomorrow, not 10-20 years down the line.