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Stock impact report

Why Lucid Could Continue to Set Record Quarters but Disappoint Investors [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
With the Gravity base trim on the way, it should further boost demand for the vehicle. 10 stocks we like better than Lucid Group › If you bought $10,000 of Tesla stock the day it went public , you'd have roughly $2.9 million right now. That's in a different world compared to the same investment in the broader S&P 500 that would be worth only about $66,000. While Tesla is one of a kind, it's that opportunity and those potential returns that have investors intrigued by other start-up electric vehicle (EV) makers such as Lucid Motors (NASDAQ: LCID) -- and if the latter keeps setting records for deliveries each quarter, should investors jump on board? If you've been following Lucid over the past year and a half, you're probably aware that the company's delivery announcements have been almost entirely positive. Lucid delivered more than 4,000 vehicles during the third quarter, marking its seventh consecutive quarterly record. The result was a sizable 23% increase over the second qua Show less Read more
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