Where Will Lucid (LCID) Stock Be in 1 Year?

Lucid's (NASDAQ: LCID) stock has declined more than 70% over the past 12 months. The luxury EV maker, which went public through a 2021 merger with a special purpose acquisition company (SPAC), disappointed investors with sluggish deliveries and steep losses. Let's see if it can break out of its rut over the next year. Why did Lucid's stock crash? Lucid initially attracted a lot of attention because it was led by Peter Rawlinson, the former chief vehicle engineer at Tesla (NASDAQ: TSLA), who oversaw the d ...