Should You Buy Lucid Group While It's Below $4?

23.01.25 09:05 Uhr

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Upstart electric vehicle company Lucid Group (NASDAQ: LCID) recently announced Q4 vehicle production and deliveries that surpassed expectations. Additionally, the company just started deliveries for its second model, a premium SUV, and intends to launch a mainstream (cheaper) product in late 2026.Investors hope these developments can fuel a rebound for a stock that peaked at nearly $60 per share a few years ago, but has slid to just above $3 today. Needless to say, Lucid has been a tremendous disappointment from an investment standpoint.But that's ancient history. Whether you bought the stock higher and hope for a rebound, or you're a prospective shareholder looking to get in on the ground floor, it's all about Lucid's ability to grow its brand, sales, and production volumes moving forward.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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