Lucid (NASDAQ: LCID) stock has plummeted 90% over the past three years due to challenges in the electric vehicle market, including declining sales and the company’s financial difficulties. Currently, shares are priced just under $10. While some investors may be tempted to buy in anticipation of a rebound, caution is advised. The ongoing market pressures raise significant concerns about the stock’s recovery potential.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
