Where Will Lucid Stock Be in 3 Years?
Long-term investing is the key to sustainable returns in the stock market. However, with shares down 85% over the last three years, Lucid Group (NASDAQ: LCID) highlights the risk of putting all your eggs in one basket. The once-promising automaker has shed value because of challenges like overvaluation and cash burn in the competitive electric vehicle (EV) market.Now, with a market cap of just $9 billion, Lucid's small size sets it up for potential multi-bagger returns if management can turn things around. Let's dig deeper to see what the next three years have in store.The top financial story so far in 2025 is President Donald Trump's trade policy, which culminated on April 2 with the announcement of massive "reciprocal" tariffs on various countries. While the final numbers are still being negotiated, there is more clarity in the automotive industry, where a 25% tariff on imported cars is now in effect (along with a complex web of levies and discounts to account for parts made outside the U.S.).Continue reading
Long-term investing is the key to sustainable returns in the stock market. However, with shares down 85% over the last three years, Lucid Group (NASDAQ: LCID) highlights the risk of putting all your eggs in one basket. The once-promising automaker has shed value because of challenges like overvaluation and cash burn in the competitive electric vehicle (EV) market.
Now, with a market cap of just $9 billion, Lucid's small size sets it up for potential multi-bagger returns if management can turn things around. Let's dig deeper to see what the next three years have in store.
The top financial story so far in 2025 is President Donald Trump's trade policy, which culminated on April 2 with the announcement of massive "reciprocal" tariffs on various countries. While the final numbers are still being negotiated, there is more clarity in the automotive industry, where a 25% tariff on imported cars is now in effect (along with a complex web of levies and discounts to account for parts made outside the U.S.).
