Lucid Group: Buy, Sell, or Hold?
Lucid Group (NASDAQ: LCID) is an emerging company in the electric vehicle (EV) space that has caught the attention of investors since its merger with a special purpose acquisition company (SPAC) three years ago. Its luxury EVs boast an impressive driving range, and the company is looking to take on industry giants like .
While Lucid stands to gain from the growing long-term demand for electric vehicles, its journey to production hasn't been without hurdles. After reaching a peak of $57.75 per share in late 2021, Lucid's stock has seen a steep decline of 95%, currently trading under $3 per share.
If you're thinking of scooping up shares of this promising electric vehicle company, consider the following.
Source Fool.com
Tesla Inc Stock
€416.30
4.550%
Currently there is a rather positive sentiment for Tesla Inc with 107 Buy predictions and 41 Sell predictions.
However, we have a potential of -1.99% for Tesla Inc as the target price of 408 € is below the current price of 416.3 €.
