HUGE News for Lucid 🔥 New Lucid Partnership w Rockwell │ Lucid CTB JUMPS to 102%
Overall Thesis
Lucid's 15.2% surge is driven by the Rockwell Automation partnership which the market reads as potentially accelerating AMP2 Saudi plant capacity to 2027, creating a real squeeze setup with cost-to-borrow jumping to 102%.
Narratives
Lucid surges 15.2% on the Rockwell Automation partnership announcement supporting the Saudi AMP2 plant. The speaker interprets the partnership as potentially pulling the AMP2 full-capacity timeline forward from 2028-2029 to possibly 2027, which would dramatically reduce shipping costs for Europe and Canada markets. At all-time high short interest (36.52%, 47.61M shares), a cost-to-borrow spike to 102%, and weaker shorts potentially closing positions, the setup for a squeeze is improving. The stock needs to close above $11.45 to maintain momentum toward the 50-day MA at $12.42.
Key Arguments
- Rockwell Automation ($45.4B company) partnership signals serious commitment to AMP2 excellence
- Market interprets partnership as potentially pulling AMP2 timeline from 2028-2029 to 2027
- All-time high short interest at 36.52%, 47.61M shares — squeeze risk elevated
- Cost-to-borrow jumped from ~17% to 102% — weaker shorts being squeezed out
- Trump's 'stock market will double' statement helps speculative stocks