From Nasdaq:

Lucid (NASDAQ: LCID) ended 2023 down 38% amid a cash crunch and production forecast issues – a trend that is continuing in 2024 with the stock hitting an all-time low of $3.15 per share. That’s despite efforts to reduce prices on its Air sedan and boost sales. However, there may be hope in the debut of its Gravity crossover this year, which is promising to offer 440 miles of range and a starting price of $80,000.

Now, if you’re considering investing in a young EV maker, Lucid shouldn’t be at the top of your candidate list. However, The Motley Fool Stock Advisor analyst team has identified what they believe are the 10 best stocks for investors to buy now… and Lucid Group wasn’t one of them.

Before you make any investment decisions, know this: the Motley Fool Stock Advisor service has more than tripled the return of S&P 500 since 2002.



Read more: Lucid Stock Slumped by 38% in 2023. Is it a Buy in 2024?