Part 7/7:
In summary, Lucid Motors appears to be facing a crossroads. The company is attempting to transform its business model out of necessity, not from a position of strength. As it seeks to pivot from a primarily vehicle-focused entity to a tech supplier, the effectiveness of this strategy and its implications for the company’s long-term sustainability remain to be seen. Ultimately, while the shift may provide a temporary rescue, it is essential for Lucid to address root causes of their struggles rather than rely solely on external partnerships for survival.