From Nasdaq:

Luxury electric vehicle maker Lucid Group’s shares fell 0.8% on Tuesday, more than the S&P 500’s 0.6% drop. Reports that the EPA may reduce vehicle emissions rules could hurt the EV industry. The EPA initially aimed for 60-67% of US vehicle production by 2030-2032 to be EVs. Ev sales have slowed and Tesla’s Q4 results weren’t impressive.

Lucid is set to release its Q4 earnings after the market closes tomorrow, and it may not look good. Analysts forecast a 30% year-over-year decline in sales and a net loss for the company. The stock advisor team at Motley Fool did not include Lucid in their list of best stocks to buy now, providing 10 stocks that could produce significant returns in the coming years.

The Motley Fool Stock Advisor service has tripled the return of the S&P 500 since 2002, offering investors a blueprint for success. Eric Volkman has no position in any of the stocks mentioned, but The Motley Fool has positions in and recommends Tesla. The views of the author do not reflect those of Nasdaq, Inc.



Read more: Why Lucid Group Stock Tumbled on Tuesday