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-8.89328063240789E-05 -0.000494071146245136 -0.000988142292490097 -0.000494071146245136 0.00731225296442686 0.00741106719367582 0.00988142292490115 0.0148418972332016
Stock impact report

Where Will Lucid Group Be in 3 Years? [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
One of my favorite electric vehicle (EV) stocks to monitor in the past few years has been Lucid Group (NASDAQ: LCID) . Over the past decade, at least 30 electric car start-ups have gone out of business. But Lucid keeps chugging along, helped immensely by its biggest financial backer : Saudi Arabia's sovereign wealth fund. In an industry rife with financial failures, having a deep-pocketed lead investor is a huge advantage. Only a few EV start-ups in history have become financially viable businesses, independent of outside investment. Here's what Mark Wakefield, managing director at AlixPartners, told CNBC: Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Tesla , outside of the Chinese, is kind of the first automaker to start in half a century. Rivian and Lucid are sort of the next two closest of the Western on Show less Read more
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