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5 Green Flags for Lucid in 2022

TheMotleyFool

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Share prices of Lucid Group (NASDAQ: LCID) tumbled 13.8% on March 1 in response to the company's fourth-quarter 2021 and full-year earnings report and 2022 guidance. Investors had a lot to be disappointed about, including the company's revised 2022 production goal of 12,000 to 14,000 vehicles compared to earlier estimates for 20,000 units.

The report and guidance were a net negative. But it would be a mistake to ignore some key short-term and long-term positives. Here are five green flags from Lucid's earnings report and how they fit into the Lucid investment thesis.

Image source: Lucid Group.

Source Fool.com

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