Is CCIV stock good for short-term or long-term investment?

First, Churchill Capital IV (CCIV) is now Lucid Group (LCID) after the two companies finalized their merger late last month.

Second, it can be challenging to determine if this is a short- or long-term investment. The reason is that the company has yet to release its first electric vehicle as it is still in development. Right now, it is all hype, with some analysts thinking that it could rival Tesla Motors.

Perhaps the share price will need to go a bit lower in order to start a position. It is presently trading at around $23, so maybe an entry point of something less than $20 might be a good time to buy.