Actually, I don’t think that it cares about that. I see it as a last action by Obama, via billions of dollars of startup support money getting transferred to his cronies at the end of his administration.
As always, follow the money. Show me ‘private’ investors willing to pony up 700 million dollars.
Where is sparcely populated Pinal County getting 250m to buy the land? What guarantee does the County have that Lucid will ever buy it from them?