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Lucid Motors stock is cheap, according to this metric There are many reasons why a company might have a high price-to-sales ratio. The most popular reason is that sales are skyrocketing.
Lucid's stock has a price-to-sales ratio of 8.1, while fellow EV start-up Rivian Automotive has a P/S ratio of just 3.1. With this premium, widening losses, and the company still trying to find ...
Lucid Group (NASDAQ: LCID) is making waves in the luxury electric vehicle (EV) market with an impressive driving range that sets it apart from competitors. After peaking at $57.75 per share in ...
Lucid (NASDAQ: LCID), a fledgling producer of luxury electric vehicles (EVs), went public by merging with a special purpose acquisition company on July 26, 2021. The combined company's stock ...
Lucid will have to justify its huge pricing with performance and features. However, the good news is that the Gravity Grand Touring will have a range of 440 miles and 828 horsepower ...
As an investor, it can be a good idea to avoid market hype because these excitement-driven trends can deflate just as quickly as they inflate. Down 94% from an all-time high in early 2021, Lucid ...
When Lucid first went public in 2021, Lucid management projected it would produce and deliver 49,000 vehicles by 2023 and 90,000 by this year. Last year, the company manufactured 8,428 vehicles ...
In fact, with Lucid hitting three consecutive quarterly records for deliveries, the company has now let consumers take the wheel of over 7,100 Lucid EVs in 2024, already easily topping the company ...