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Its stock looks cheap, but it might not be a bargain yet. With an enterprise value of $7.97 billion, Lucid trades at 5 times its projected sales for 2025. That might make it seem cheaper than ...
Second, Lucid will roll out a cheaper version of the Gravity SUV, which currently starts at $94,900, in late 2025 to keep pace with Tesla's Model X, which starts at $82,000.
According to analysts, Lucid should grow its sales base by 117% in 2025. Rivian, meanwhile, is expected to grow sales by just 11%, whereas Tesla is targeted to grow by around 19%.
Lucid (NASDAQ: LCID) sells some of the most premium electric vehicles on the market today. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks ...
Shares of electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) jumped as much as 5% today. Those gains began to fade as the trading day progressed, and the stock was actually lower by 1% as of 1 ...
Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lucid Group ...
Lucid (NASDAQ: LCID) stock is posting huge gains in Thursday's trading. The electric vehicle (EV) company's share price was up 13.4% as of 3 p.m. ET and had been up as much as 15.4% earlier in the ...
That's helped lead to a nearly 5% drop in Lucid shares today. As of 2:35 p.m. ET, Lucid stock was still lower by 2.5%. ... It has remained low volume as the price range begins at about $70,000 and ...