Investing in EV Stocks? Good Move.
Lucid (LCID) InvestorPlace·2024-01-25 11:54
Lucid Group (NASDAQ:LCID) is among the top EV stocks many investors are focused on. The company’s focus on making high-quality EVs is certainly appealing, and is one of the reasons I initially dove into this stock. That said, looking under the hood, there are certain red flags investors should be aware of. For starters, Lucid’s stock price has been moving in the wrong direction. Year-to-date, LCID stock has declined over 30%. This move has been driven by underperformance on certain key metrics, such as prod ...