LCID Stock: Why Lucid May Not Be Able to Survive and Thrive Long-Term
Lucid (LCID) Investor Place·2024-08-10 04:39
Known for its luxurious EV models like its very own Lucid Air, Lucid Group (NASDAQ:LCID) currently faces a mixed bag of analyst reviews. While its advanced technology supports growth, financial and operational challenges pose risks. Amid continued tech selloffs and recession fears, many rightly view LCID stock as a cautious hold in this environment. That said, the company's CEO Peter Rawlinson has expressed optimism about Lucid's sales growth, cost-saving initiatives, and the company's upcoming Gravity laun ...