Can Lucid stock hit $5 in 2025?

Luxury electric vehicle (EV) manufacturer Lucid Motors (NASDAQ: LCID) has had a bumpy ride since its initial public offering (IPO) in 2021. Despite securing significant investments from Saudi Arabia’s Public Investment Fund (PIF), the carmaker has been beset by a variety of challenges.Most importantly, Lucid has continuously struggled to meet production and delivery quotas. In tandem with this, stock dilution has been at play — with the company issuing more and more shares to raise capital.At press time, a ...