LATEST Hiring Signals Lucid ESS is Coming🔥 Lucid Shorts Increasing 250K | Lucid Stock Analysis
Overall Thesis
Lucid's hiring of a new Director of Charging and Smart Energy signals ESS (Energy Storage System) development is coming, which the speaker views as a multi-billion-dollar revenue opportunity, while analyst ratings and 13F data show continued institutional accumulation.
Narratives
The hiring of Kareem Farhat as Director of Charging and Smart Energy is interpreted as a signal that Lucid is developing ESS (Energy Storage Systems), which the speaker estimates could generate $22B+ in annual revenue. Stifle reiterated a $3 price target and institutions like Dimensional, Geode, and Russell continued accumulating Lucid shares. The stock is above both the 50- and 100-day MAs but in a historically timid breakout compared to prior occasions, with the 200-day MA at $2.81 as the next key resistance.
Key Arguments
- New Director of Charging and Smart Energy hire suggests ESS development — historically projected at $22B/year revenue
- Lucid already has ESS prototype #2 and leases land near AMP1 that the speaker believes is for ESS
- Stifle reiterated $3 price target; Andre Shepard reiterated $3 hold
- Dimensional (+100%), Geode (+4%), Russell (+1746%) increased Q1 positions
- Stock above both 50-day ($2.38 historically) and 100-day MAs — technically constructive