Is Lucid stock set to rocket after crushing forecasts with Q1 deliveries?

Despite once garnering enough enthusiasm to gain a significant investment – and an ownership stake – from the Saudi Arabian Sovereign Wealth Fund, Lucid Motors (NASDAQ: LCID) has been facing significant adversity in more recent months.The electric vehicle (EV) maker has, despite implementing a variety of measures, seen dropping sales and a matching stock market price – so much so that LCID shares have lost nearly 70% of their value in the last 52 weeks.Lucid, however, may have just received a second wind as ...