Will Lucid Be Worth More Than Tesla by 2040?

Could this underdog EV maker overtake the market leader in the future?When Lucid (LCID -3.69%) went public by merging with a special purpose acquisition company (SPAC) three years ago, some bullish investors believed the luxury electric vehicle maker could become the next Tesla (TSLA -0.76%). Lucid was led by Tesla's former chief vehicle engineer Peter Rawlinson, and its Air sedans had a longer range than Tesla's Model S.Lucid's stock soared to a post-merger high of $55.52 on Nov. 16, 2021, and boosted its ...