Lucid Rallied Today -- Is It Time to Buy the EV Stock?

Lucid (LCID 4.30%) stock jumped in Monday's trading. The electric vehicle (EV) specialist's share price ended the daily session up 4.3%, according to data from S&P Global Market Intelligence.Lucid stock advanced today thanks to a strong earnings report and guidance from Li Auto. The Chinese auto company's fourth-quarter performance and forward outlook came in much better than anticipated, and the results helped power valuation gains for other companies in the EV space.Li Auto posted non-GAAP (adjusted) earn ...