Think It's Too Late to Buy Lucid Motors? Here's the Biggest Reason Why There's Still Time.
Lucid (LCID) The Motley Fool·2025-01-11 00:55
Everyone wants to discover the next Tesla. Now one of the most valuable companies in the world, long-term Tesla investors have been extremely happy with their portfolios. For good reason, many investors believe that Lucid (LCID 0.96%) is set to become the next Tesla. The company's sales grew heavily in 2024, and analysts expect sales to grow by another 118% in 2025, pushing revenue well past the $1 billion mark. Think it's too late to jump in? Think again. There's still time to buy this electric car stock f ...