Where Will Lucid Motors Stock Be in 5 Years?

At the start of the decade, electric vehicles (EVs) looked like the next big thing in automotive technology. They probably still are. But the road to widespread adoption might be more challenging than previously expected. Higher interest rates, consumer preferences, and rising competition are eating away at industry margins and growth potential. As a smaller company without the capitalization of Tesla or a legacy gasoline-powered business to subsidize its EV segment losses, Lucid is in a uniquely challengin ...