Is Lucid Motors a Millionaire-Maker Stock?
Lucid (LCID) The Motley Fool·2024-11-11 22:00
Shares in this EV maker are dirt cheap. Is it time to buy?When looking for a stock with millionaire-maker potential, I typically gravitate toward companies with small valuations, rapid growth, and a pathway to profitability. With shares down by a whopping 97% from their all-time high of $58 (reached in early 2021), Lucid Group (LCID -0.45%) meets at least one of these criteria. But what about the others? Let's dig deeper into the pros and cons of this embattled electric automaker. What happened to Lucid's o ...