Is Lucid Group the Next Tesla?
Could Lucid stock be the next explosive winner in the EV market?Lucid (LCID +0.70%) is a player in the electric vehicle (EV) market focused on luxury sedans and SUVs. The company's Air sedans and Gravity SUVs generally receive very high marks from automotive media outlets and drivers, and the business's basic strategy bears substantial similarities to the approach that Tesla (TSLA 0.16%) used to become one of the world's most valuable companies.Tesla posted negative gross margins on each vehicle sold and op ...