https://wccftech.com/to-the-victor-go-the-spoils-lucid-motors-air-ev-is-now-the-only-electric-sedan-with-a-range-of-over-500-miles-after-tesla-cancels-its-model-s-plaid-version/

Lucid Motors, the manufacturer of the ultra-luxury Air electric sedan, is on a winning streak currently. With a strong open for the second consecutive week, shares of the SPAC Churchill Capital Corp. IV (NYSE:CCIV), which serve as a proxy for Lucid Motors in the pre-merger phase, seem to be on the verge of initiating a new uptrend.

The most recent bullish impetus for Churchill Capital IV shares comes on the back of Tesla’s (NASDAQ:TSLA) recent cancellation of the Model S Plaid+ version, which reportedly featured a range of around 520 miles.