The Biggest Question Lucid Needs to Answer
Lucid Group (NASDAQ: LCID) continues to be a market-darling electric vehicle (EV) stock, but it may not have the momentum investors think. In this video, Motley Fool contributor Travis Hoium highlights how the company has lost reservation holders in the last quarter and may lose more as people move away from $100,000 vehicles.
*Stock prices used were the end-of-day prices of Jan. 20, 2023. The video was published on Jan. 23, 2023.
10 stocks we like better than Lucid Group
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and Lucid Group wasn't one of them! That's right -- they think these 10 stocks are even better buys.
*Stock Advisor returns as of January 9, 2023
Travis Hoium has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
