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RE: LeoThread 2025-02-27 07:27

in LeoFinance7 months ago

Part 5/9:

Interestingly, the market responded positively to Rollinson's exit, with shares rising by 9% post-announcement—suggesting a loss of faith in his leadership. Throughout his tenure, Rollinson had been vocal about Lucid's technological superiority over competitors, even claiming they were five years ahead of industry giants like Tesla. However, this rhetoric did not translate into widespread recognition or sales success, dampening investor confidence.

Market Struggles and Production Challenges