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Lucid Group (NASDAQ: LCID) has made headlines by setting a world record for the longest journey by an electric vehicle on a single charge, with its Lucid Air Grand Touring model traveling 1,205 kilometers (approximately 749 miles). Despite this achievement, the company’s stock has plummeted over 95% since its peak in 2021, raising questions about its future prospects.
Explain It To Me Like I’m 5: Lucid Group’s new electric car, the Lucid Air, just drove super far on one charge, but their stock price has been really low for a long time.
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