LCID Stock Alert: Lucid Just Slashed EV Prices Again

On the surface, the latest news from premium electric vehicle (EV) manufacturer Lucid (NASDAQ:LCID) isn’t great. Earlier today, the company announced that it is lowering prices on its EVs for the third time in just seven months. This decision coincides with broader anxieties over the EV sector when it comes to demand and affordability issues. However, LCID stock is still driving up 6% today, carrying short-squeeze risk for bearish traders.According to Seeking Alpha, the company’s base model Lucid Air Pure w ...