AI predicts Lucid stock price for end of 2024
Lucid (LCID) Finbold·2024-01-13 08:39
The stock of electric vehicle (EV) startup Lucid (NASDAQ: LCID) has continued its losses from 2023 into the early days of the new year, facing setbacks that are also impacting the general market. Notably, the company continues to struggle in keeping up with rivals such as Rivian Automotive (NASDAQ: RIVN) and Tesla (NASDAQ: TSLA) in the premium EV market.Lucid has encountered financial losses, and analysts emphasize the need for the company to scale up its production and deliveries to transition into a profi ...