Where Will Lucid Stock Be in 3 Years?
Yahoo Finance ·
Lucid Group ( LCID +10.53% ) stock has plummeted 91% over the past three years amid executive leadership changes, rising costs, slowing demand for electric vehicles, and production hurdles. And there's no guarantee the next three years will be any better. Here are some of the opportunities and challenges facing Lucid over the next three years, and why it's probably best to avoid Lucid stock for now. One of Lucid's biggest challenges and opportunities will be selling a smaller, cheaper vehicle. The company has already debuted the Earth and Cosmos crossovers, which have starting prices of under $50,000, according to Lucid. Sales of the vehicles aren't expected to begin until late this year or sometime in 2027, with the Cosmos launching first.
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