EV upstarts Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) have been painful investments over the past year. However, growing brand appeal and relatively strong balance sheets have both in decent shape, though they still have a lot to prove. How likely is it that the future for one -- or even both -- includes getting acquired? In this video, Fool.com contributors Jason Hall and Tyler Crowe explain why buying the brands might be appealing to a legacy automaker with money to spend, but the likely cost makes it unlikely right now.
*Stock prices used were from the afternoon of Feb. 16, 2023. The video was published on March 5, 2023.
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Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
