Why Lucid Stock Lost More Than 5% Today
Investors in Lucid Group (LCID -5.59%) are feeling nervous. The electric vehicle (EV) stock fell further today, dropping to a low of 6.6% in early-morning trading. Lucid shares were still trading 5% lower as of noon ET Wednesday.Lucid reported record quarterly deliveries earlier this month and is about to open bookings for its Gravity SUV for customers in Canada. Yet investors fear the EV maker could face growth challenges under the Trump administration.President Donald Trump could slam the brakes on this i ...