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Why the Best Lucid Stock Position Is No Position at All

LCID stock has disappointed many investors in 2023 so far, and Lucid Group's recent EV price cut isn't likely to prompt a sudden turnaround.

Lucid s special-edition Air EV has over 1,200hp and can get from 0-60mph in under 2 seconds

It seems not a month goes by without someone releasing a new absurdly quick EV. The newest kid on the block is Lucid Air Sapphire Edition from Lucid Motors, which was just unveiled at the Monterey Car Week. You might not have heard the name because its cars aren't available yet in Singapore, but many regard Lucid as Tesla's most.

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