Lucid Stock: Taking A Bearish View Despite Acknowledging Product Superiority

Khosrork Lucid Group (NASDAQ:LCID) opened its first store in Dubai, where I live, a couple of months ago. Ever since then, I have been waiting to do some research about the company to understand the hype behind its luxury electric vehicles. The company's first showroom in the Middle East was opened in Riyadh, Saudi Arabia, and the expansion into Dubai - home of the luxury car market in the Middle East - marks an important step in its goal of becoming a global EV brand. After a careful evaluation of the Luci ...