Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Lucid Stock a Buy?

TheMotleyFool

0 0

Is Lucid Stock a Buy?: https://g.foolcdn.com/editorial/images/713027/lucid_motors_cabin_architecture.jpg

I'm bullish on electric-vehicle (EV) stocks, and if you're reading this, it's likely that you could be of a similar persuasion.

There's good reason to be optimistic. For one, nearly 60% of new vehicles sold globally will be EVs by 2030. And with the share prices of many EV stocks down over the past 12 months, now is a good time to buy some.

But not all of them are worth your money. The luxury EV maker Lucid Group (NASDAQ: LCID) has created a very impressive product, but I think buying its stock is a bit too risky right now.

Source Fool.com

Like: 0

LCID

Share