Lucid Motors Was Once a Hot EV Stock. Now Morgan Stanley Warns That the Flames Are Freezing Over.

Lucid’s shares may be drowning in red this year, but its valuation sits in a curious middle ground, priced at 3.16 times sales, richer than its peers yet cheaper than its own historical average. It is a tightrope valuation, balancing between fading hype and hidden potential, offering investors both caution and a whisper of comeback possibility.But the recent shift is interesting. The MACD oscillator just flashed a subtle change in tone, with the yellow MACD line crossing above the blue signal line, and the ...