The 5 Biggest Buyers of Lucid Motors (LCID) Stock

Electric vehicle (EV) companies aren't exactly having a good year, and Lucid (NASDAQ:LCID) is no exception. LCID stock has shed over 30% of its value year-to-date as customers favor lower-priced hybrid models amid a price war among EV competitors. During the first quarter, Lucid produced 1,728 vehicles and delivered 1,967 of them. Additionally, Lucid reiterated its 2024 production guidance of 9,000 vehicles. However, shareholders were expecting more. Last year, Lucid produced 8,428 vehicles while delivering ...