Where Will Lucid Stock Be in 3 Years?
Lucid (LCID) The Motley Fool·2024-01-08 14:47
With drop-dead gorgeous cars, industry-leading powertrain technology, and support from one of the wealthiest nations in the Middle East, Lucid Group (LCID -0.58%) seems to have everything it needs to win. But since hitting an all-time high of $58 in early 2021, shares have been in a slow-motion collapse -- shedding 93% of their value at the time of writing as the company grapples with weak demand and spiraling losses.The next three years will be a make-or-break period for Lucid. It could either fix its oper ...