Will Lucid Stock Hit $100 a Share in 2022?
Electric vehicle start-up Lucid Group (NASDAQ: LCID) was one of 2021's most anticipated special purpose acquisition (SPAC) stocks. Tesla's (NASDAQ: TSLA) success has drawn much attention to the electric vehicle (EV) industry, where investors are looking for the next big thing.
Lucid is in the early stages of building out its manufacturing capabilities, but the positive reception of the company's first vehicle model, the Lucid Air, has investors thinking big. Could Lucid be one of 2022's biggest winners and reach a whopping $100 per share? Let's investigate.
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Source Fool.com
