Why Lucid Stock Still Looks Too Risky for Long-Term Investors​

Since Tesla (NASDAQ: TSLA) broke open the electric vehicle (EV) market, a crop of other specialized EV manufacturers have emerged attempting to do the exact same thing and challenge the hold legacy automakers have on the auto market.One that entered the market with lots of promise is Lucid (NASDAQ: LCID). However, investors have since soured on the EV startup.The company's Air and Gravity model lines look every bit like the Tesla Model S and Model Y competitors they're meant to be, and their performance figures are impressive. Yet despite two models that have gotten positive reviews and awards and an advertisement campaign featuring Timothée Chalamet, the company's financials leave a lot to be desired.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool