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Lucid Group: Continued Liquidity Dip Sets Up Precarious Drive For This EV Upstart
LCIDLucid (LCID) Seeking Alpha·2024-09-30 23:51

Lucid Group, Inc. (NASDAQ: LCID ) went public in 2021 with the intent to dislodge Tesla, Inc.'s ( TSLA ) dominance of the then fast-growing market for electric vehicles in the US. I covered this , highlighting that the The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, ...