Is It Too Late to Buy Lucid Stock?

The fledgling electric vehicle maker is running out of juice.Lucid (LCID 5.88%), a fledgling maker of luxury electric vehicles, went public by merging with a special purpose acquisition company (SPAC) in July 2021. At the time, it attracted a lot of attention for three reasons: It was led by Tesla's (TSLA 1.85%) former chief vehicle engineer Peter Rawlinson, it planned to produce even pricier EVs than Tesla, and it was on track to ship its first vehicles by the end of the year.Lucid's stock opened at $25.24 ...