Workflow
Is Lucid Motors a buy or sell?
LCIDLucid (LCID) Finbold·2024-02-22 12:58

As hard as it tries to advance its business, the electric vehicle (EV) maker Lucid Motors (NASDAQ: LCID) has so far failed to meet investor expectations and has recorded loss after loss since its initial public offering (IPO) in 2021.Last year, 2023, was in many ways particularly bad for the LCID as a company as, for example, its attempt to offset dwindling demand by offering a $10,000 cashback on new vehicles failed to prevent it from missing its delivery targets.On the stock market, LCID shares experience ...