​​Where Will Lucid Be in 1 Year?

Lucid Group (NASDAQ: LCID) is one of a small number of electric vehicle (EV) start-ups that have actually managed to produce a material number of vehicles for sale. It is nowhere near the scale of industry heavyweight Tesla or the legacy automakers, but it has achieved a great deal in a short period of time.So where will Lucid be in one year? There are actually two answers to that question that are important to consider.Making cars is an incredibly capital-intensive affair. That's important to keep in mind as you consider Lucid's progress. What started as a mere idea has turned into a factory that is producing thousands of EVs a year. That's a huge achievement, and it was a very costly one to pull off. What Lucid has done is, without question, impressive. But it isn't enough.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool