3 Things That Could Burn Lucid Investors
If investors only scratch the surface, things appear all right for Lucid. However, there's more to the story. At first glance you might think Lucid (LCID -1.96%) is faring pretty well. After all, the start-up electric vehicle (EV) maker recently raised $1 billion from Saudi Arabia's Public Investment Fund (PIF), exceeded expectations in second-quarter deliveries with a 70% year-over-year gain, and announced -- albeit with some debate -- that it has produced the most efficient and sustainable vehicle made wi ...