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Could Lucid or Rivian Be Headed for a Buyout?

TheMotleyFool

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Could Lucid or Rivian Be Headed for a Buyout?: https://g.foolcdn.com/editorial/images/723364/price-vs-value-scale-drawing.jpg

EV upstarts Lucid Group (NASDAQ: LCID) and Rivian Automotive (NASDAQ: RIVN) have been painful investments over the past year. However, growing brand appeal and relatively strong balance sheets have both in decent shape, though they still have a lot to prove. How likely is it that the future for one -- or even both -- includes getting acquired? In this video, Fool.com contributors Jason Hall and Tyler Crowe explain why buying the brands might be appealing to a legacy automaker with money to spend, but the likely cost makes it unlikely right now.

*Stock prices used were from the afternoon of Feb. 16, 2023. The video was published on March 5, 2023.

Source Fool.com

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