If You'd Invested $50 in Lucid Group Stock 4 Years Ago, Here's How Much You'd Have Today

Company Overview - Lucid Group has a market cap of less than $10 billion, significantly lower than Tesla's$1 trillion market cap [1] - The company delivered 71% more vehicles last quarter compared to the previous year, following a 90% jump from the previous quarter [1] Financial Performance - Lucid Group's sales have increased by 16,300% since 2021 [4] - Despite the sales growth, investors have lost roughly 89% of their initial investment, with a $50 investment now worth about$5 [4] Market Perception - The price-to-sales multiple for Lucid has slipped by more than 99% since 2021 [5] - The market had initially priced too much hype into the stock, leading to overvaluation in 2021 [6] Investment Perspective - The stock is now trading at a deep discount compared to its past, potentially offering better opportunities for new investors [7] - The importance of valuation is highlighted, as investment returns are ultimately a reflection of the price paid [6]