Lucid Group (NASDAQ: LCID) looks expensive on multiple metrics. Shares trade at 9.1 times sales, despite the company never reaching profitability. Last quarter, its gross profit margins was deeply in ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Lucid shares jumped 36% Thursday on news the EV startup is partnering with self-driving ...
While most EV makers slumped after tax credit cuts, one SUV launch and a surprise incentive helped this brand surge instead ...
Take a look at the chart. It's clear that from a size standpoint, Lucid has more room to grow than other EV stocks like Rivian Automotive and Tesla. And yet its valuation, at least from a ...
Earlier this year, well-known investor Cathie Wood made a bold prediction. The global robotaxi industry, she believes, could eventually be worth up to $10 trillion. "We think $8 trillion to $10 ...