If You'd Invested $50 in Lucid Group Stock 4 Years Ago, Here's How Much You'd Have Today

It's clear that Lucid Group (NASDAQ: LCID) stock has plenty of long-term potential. Its market cap is less than $10 billion, while more mature players like Tesla enjoy a market cap of more than $1 trillion. To be sure, there's still a long way to go for Lucid to compare with the likes of Tesla. But the company delivered 71% more vehicles last quarter than the year before (while Tesla's deliveries were little changed in the period). That follows a 90% jump from the previous quarter. If this pace continues, Lucid could become a household name in the years to come.But does all this promise mean long-term investors have profited? You may be surprised by the numbers below.In 2021, several electric car stocks went public to great fanfare, raising billions of dollars at premium valuations. While those companies have reported rising sales since 2021, that hasn't translated into shareholder gains.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool