Lucid Is Shifting Into Higher Gear. Is the Stock a Buy Now?
Lucid (LCID) The Motley Fool·2024-11-23 23:12
Lucid's deliveries are accelerating, but its stock price is stalling. Is this the opportunity for investors to jump in?If you've been following the electric vehicle (EV) industry, it's been an interesting ride so far. Some global markets are exploding much faster than North America, especially when you look at China, where recent monthly EV sales accounted for more than 50% of new vehicle sales. Lucid (LCID 1.94%) in particular has captured momentum, seemingly at the expense of rival Rivian, but is it a buy ...