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Prediction: 1 Stock That Will Be Worth More Than Lucid 2 Years From Now
LCIDLucid (LCID) The Motley Fool·2025-04-19 20:57

Polestar could have a brighter future than the struggling EV underdog.Lucid Group (LCID 2.60%) became a hot stock after it went public by merging with a special purpose acquisition company (SPAC) in July 2021. The producer of luxury electric vehicles (EVs) started trading at 25.24onitsfirstday,anditssharesmorethandoubledtoarecordhighof25.24 on its first day, and its shares more than doubled to a record high of 55.52 just four months later.Lucid impressed investors because it was led by Tesla's former chief engineer Peter Rawlinson, and it was already ramping up its ...