Why Is Lucid Motors (LCID) Stock Down Today?

Lucid Motors (NASDAQ:LCID) is an electric vehicle (EV) stock that has been beaten down for some time. Today, LCID stock is down another 6%, but not really due to any company-specific reason. Instead, yesterday's results from Tesla (NASDAQ:TSLA) appear to be the driving force behind this very bearish move. Indeed, the 12% downside move in TSLA stock overshadows most other EV makers, which are also down today on the news. But it's still impressive that these results can spark the kind of sector-wide selling p ...