Lucid Investors Get Hit With Double Whammy

Lucid had been gaining momentum with three straight quarters of record deliveries, but recently hit two speed bumps. Lucid Group (LCID) has had quite a roller-coaster ride through its limited history. It started out producing a high-quality sedan electric vehicle (EV) but continuously disappointed investors with production hiccups and disappointing deliveries. That's changed recently, and Lucid has been gaining momentum while rivals such as Rivian Automotive (NASDAQ: RIVN) deal with production snags of thei ...