More Great News for Lucid Heading Into 2025. Is It a Buy Now?

Just like that, with the 2024 Presidential election in the books, electric vehicle (EV) investors are left to wonder if the U.S. is about to hit a major industry speed bump. President-elect Donald Trump has occasionally spoken out against EVs, and the transition team is rumored to be heavily considering ending the $7,500 federal tax credit, which could soften EV demand.But if Lucid Group (LCID 1.94%) CEO Peter Rawlinson is to be believed, Lucid's investors might not have much to worry about. Here's why.Tran ...