Will Lucid stock hit $10 in 2025?

Luxury electric vehicle (EV) manufacturer Lucid Motors (NASDAQ: LCID) continues to face challenges, with the company’s stock high volatility over the past year as it aims to compete with players such as Tesla (NASDAQ: TSLA).This bumpy ride has extended into 2025, with LCID remaining below key resistance levels at $5 and $10. At the time of reporting, the equity was valued at $2.93, plunging almost 5% since the last market close. Year to date, Lucid has declined over 3%.LCID stock year-to-date price chart. S ...