Here's Why Lucid Is Far Behind in the EV Race

Building a company from the ground up in a capital-intensive industry is difficult to do. It is even more difficult when that industry has a small number of large and entrenched leaders. But this is exactly what Tesla (TSLA -0.30%) managed to achieve, effectively creating the electric vehicle (EV) market that exists today.Lucid (LCID 2.87%) is trying to recreate that magic. It has a long way to go before it is anywhere near Tesla or other EV peers, like Rivian (RIVN 1.27%). Here's why.Tesla achieved a mirac ...