Trump's Bill Would End EV Subsidies: Could That Bankrupt Lucid Group?

Lucid Group (LCID -2.55%) is growing its electric vehicle (EV) sales rapidly right now. In 2025, analysts expect its revenues to jump by 73%, and in 2026, they anticipate an even faster growth rate approaching 100%. There's just one problem: Included in Trump's "One Big Beautiful Bill" is a provision that would eliminate the federal tax credits for electric vehicles. That would effectively raise the prices of EVs by $4,000 to $7,500 -- a huge potential blow to demand. When you look at the numbers, things co ...