Lucid Group's Strategic Moves: Is the Stock Ready for Takeoff?

Core Insights - Lucid Group is at a critical juncture with the launch of its Gravity SUV and strong support from Saudi Arabia, which could signify a potential turnaround for the company and its investors [1] Company Overview - Lucid Group was previously valued at $90 billion, indicating a significant shift in its market perception and potential for recovery [1] Industry Impact - The introduction of the Gravity SUV is anticipated to have a substantial impact on the electric vehicle market, potentially enhancing Lucid's position within the industry [1]