The MOU follows the same path as the previous Syrah / Tesla...

The MOU follows the same path as the previous Syrah / Tesla MOU...qualifications have yet to begin and there are significant escape clauses in the agreement. It takes ~ 3 to 4 years to qualify a new anode conductive additive in an EV battery including mandatory US NHTSA safety requirements and qualification metrics.

Lucid only uses primary synthetic graphite anode grades in all of its battery packs and no EV manufactured outside of China uses natural graphite anode grades.

The Syrah / Lucid MOU is a paper exercise to prop up highly degraded stock prices and market caps for both companies...Lucid has lost almost 90% of its SP value in the past three and when you look at Syrah, they have gone from ~$6 per share to $ 0.25 per share, so any news to improve stock price and market cap is prudent even though there is not viable commercial pathway to supplying any EV manufacturer with natural graphite anode grades.

At Lucid's current cash burn rate of ~ US$ 3 Billion per year, the most recent capital raise will be a survival exercise with little hope for the same level of future capital raises and no financial assistance from the US Government.

Lucid has never produced more than 9,000 vehicles in one year in its entire existence and even in 2025 still be not make the 9,000 EV vehicle sold target since the US has eliminated the US$ 7,500 EV credit as well as other trade related actions that will make lucid hard pressed to reach any level of sustainability in the next 5 years. Lucid is a company that is not growing which means the business is not achieving the scale needed to create a sustainable business model. Signing the MOU with Lucid requires additional information as to why?