Key Points Lucid has key support, and financial backing, of its largest shareholder. News that it is expanding its manufacturing in Saudi Arabia boosted investor confidence. 10 stocks we like better than Lucid Group › Lucid Group (NASDAQ: LCID) hopes 2026 is a transformative year for the electric vehicle (EV) maker. After launching only its second vehicle type last year, the company and its shareholders hope to see a meaningful boost to sales volume. Shares are jumping this week on another avenue o ...