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Is Lucid Group a Millionaire-Maker Stock?
The Motley Fool· 2025-06-10 15:15
It is not totally clear why Lucid went from super growth to stagnation. Its cars have historically won their fair share of industry awards and accolades for their quality. But despite offering a good product, Lucid's large, expensive vehicles (the flagship Air Sedan starts at $71,400) were battered by a combination of higher interest rates, increasing competition, and perhaps consumer exhaustion with the EV sector as a whole. To be fair, few automakers have escaped this crisis. Ford and General Motors are b ...