$CCIV You don't lose if you don't sell. Buy the dip. After the panic, here are the facts: $11.75 valuation is equivalent to $72 to match market cap of Nio and $500 if Tesla. This is a company led by people who developed the Model S. It has competent leadership who's able to excite the market with zero car yet. Market sells the news so this dip is not totally unexpected. Once the dust settles, just within this year, this stock will be at bet. $80-$120. I saw Lucid the 1st time last year. Checked if it was a public company. It wasn't. So this is great news to me. We'll win.