Lucid Is on Sale. Could This Be the Buy That Sets You Up for Life?

Yahoo Finance ·

Something exciting is happening with EV stocks right now: They are transforming into AI stocks . Consider Tesla . The company has posted negative growth in its automobile business for several years in a row. Yet the company's valuation has soared to $1.2 trillion thanks to its massive AI investments, which will help it target multitrillion-dollar growth opportunities involving self-driving cars and robotaxis. While its share price hasn't reflected its ambitions, the same is true for Rivian Automotive . In December, Rivian held its first "AI Day." The company's AI investments are now expected to accelerate so rapidly that it recently lowered its 2027 profit guidance. But what about Lucid Group ( LCID +3.21% ) ? The EV maker has announced its own AI and autonomy initiatives, yet shares have continued to sink. Lucid's stock has nearly been cut in half so far in 2026, with a market capitalization that now hovers just above $2 billion -- roughly 90% smaller than Rivian and more than 99% smaller than Tesla.

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