What's Wrong With Lucid Group Stock?
The 2020 and 2021 stock market bubble brought many companies public that should have stayed private. Specifically, a lot of electric vehicle (EV) stocks with shaky business models.
People wanted to copy , and investors were fueling the EV makers with absurd levels of funding. It was a fun time. Well, maybe only if you didn't buy the stocks.
One company still kicking around is Lucid Group (NASDAQ: LCID). The aspiring luxury EV brand went public with much fanfare in 2021 as it aims to build the next generation of upscale automotive products.
Source Fool.com
Tesla Inc Stock
€288.40
0.610%
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a positive potential of 42.16% compared to the current price of 288.4 € for Tesla Inc.
