From Yahoo Finance: 2025-04-19 08:57:00

Lucid Group (NASDAQ: LCID) made headlines when it went public through a SPAC merger in July 2021. The luxury EV producer saw its stock price soar from $25.24 to a high of $55.52, boosted by strong leadership and production of its Air sedans. However, Lucid fell short of delivery targets due to supply chain issues and competition, leading to a stock price drop to $2. Meanwhile, Polestar (NASDAQ: PSNY), another EV maker, faces similar challenges but offers potential growth with its expanding lineup and cheaper valuation compared to Lucid. Investors should consider these factors before investing in either company.



Read more at Yahoo Finance: 1 Stock That Will Be Worth More Than Lucid 2 Years From Now