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.

Why Lucid Stock Lit Up Today

TheMotleyFool

0 0

Shares of Tesla rival Lucid Group (NASDAQ: LCID) powered higher on Monday, rising a solid 6.5% as of 2:15 p.m. ET as investors read an upgrade for Tesla and wonder if it might mean good things for Lucid stock, too.

This morning, Swiss megabank Credit Suisse upgraded shares of Tesla stock to outperform.

Credit Suisse loves Tesla for its fast growth, high profit margins, and its potential to earn as much as 25% more this year than anyone else on Wall Street thinks possible -- three factors that may not necessarily hold true for Lucid, which is just getting its EV business up and running.

Source Fool.com

Like: 0

LCID

Share