It's No Joke! Hold Lucid Stock and You Could Go Broke.
Lucid (LCID) InvestorPlace·2024-01-23 11:30
Bargain hunters, beware! The outlook isn’t great for electric vehicle manufacturer Lucid Group (NASDAQ:LCID) stock as the company’s 2023 production and delivery numbers weren’t stellar. Consequently, it’s too risky to go on a bottom-fishing expedition with beaten-down LCID stock.Besides, the EV industry is generally having a demand problem. Giant automakers like Tesla (NASDAQ:TSLA) should be able to withstand a soft period of demand for EVs. However, Lucid Group definitely isn’t the biggest EV maker or the ...