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3 Things That Could Burn Lucid Investors
LCIDLucid (LCID) The Motley Fool·2024-07-21 18:24

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 ...