What's Wrong With Lucid Group Stock?
Lucid (US:LCID) The Motley Fool·2024-10-26 07:36The company is growing deliveries but is still a subscale automotive player.The 2020 and 2021 stock market bubble brought many companies public that should have stayed private. Specifically, a lot of electric vehicle (EV) stocks with shaky business models.People wanted to copy Tesla, and investors were fueling the EV makers with absurd levels of funding. It was a fun time. Well, maybe only if you didn't buy the stocks.One company still kicking around is Lucid Group (LCID). The aspiring luxury EV brand went ...