Wall Street sets Lucid stock price for the next 12 months

With a challenging year that saw the stock price of Lucid Motors (NASDAQ: LCID) decline 40% and a notably less forgiving electric vehicle (EV) market toward underperforming companies, experts have retained a somewhat reserved attitude towards its price in the next 12 months.Indeed, the luxury EV maker went through massive layoffs in 2023, reducing its workforce by 18% in March and seeing its chief financial officer (CFO) Sherry House leave abruptly in December, while its full-year production outlook decline ...