Why Lucid Stock Is Falling Today
Lucid (US:LCID) The Motley Fool·2024-11-12 17:16Investors may be worried about President-elect Donald Trump's pick to run the EPA.Shares of Lucid Group (LCID -7.05%), an electric vehicle marker, tumbled today likely as investors reacted to President-elect Donald Trump's choice to lead the Environmental Protection Agency (EPA).Lucid's share price was down by 7.6% as of noon ET.A less-favorable stance toward EVs could be on horizonFormer Congressman Lee Zeldin was chosen by Trump to head up the EPA yesterday, and that likely spooked some Lucid investors be ...