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Lucid Stock Declined 28% in 2024. Is the Stock Poised to Rebound in 2025?
LCIDLucid (LCID) The Motley Fool·2025-01-11 16:51

The company's premium SUV is hitting the market, but whether it will provide the breakthrough investors need is unclear.Lucid (LCID 1.34%) burst onto the electric vehicle (EV) scene in late 2021 with its technologically impressive Lucid Air sedan. The premium EV even won MotorTrend's Car of the Year award in 2022. The automotive magazine referred to the car as a game changer at the time. Roughly three years later, the company is poised to produce just 9,000 vehicles when it wraps up its 2024 numbers.The ago ...