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RE: LeoThread 2025-02-27 07:27

in LeoFinance2 days ago

Part 2/9:

Rollinson's massive earnings were linked to market cap targets that Lucid managed to hit briefly, only for the stock to plummet from a peak of $55 to about $2. The company's stock price spiraled downwards by 82% in 2022 alone, causing billions in losses for investors. It begs the question: Did Rollinson ever genuinely aim to build a successful automobile company, or was he merely interested in enriching himself at shareholders' expense?