Lucid Group: Buy, Sell, or Hold?
Lucid (LCID) The Motley Fool·2024-02-16 11:03
The electric vehicle (EV) market is mature enough to have split into several segments. One of the signature companies occupying the luxury end of said market is Lucid Group (LCID 5.22%), whose sleek and future-friendly Air sedan currently retails for a cool $77,400... and that's just for the base model. Despite some lifts in their share prices recently, EV companies and their stocks have generally been on a rough ride for months now. EV sales growth is dipping, and the Federal Reserve doesn't seem as eager ...