The EV start-up is ramping up production, hoping to meet robust consumer demand.
Lucid (LCID -0.82%) has increased production rapidly as consumer demand for EVs stays hot. In this video, I will evaluate Lucid's financial results over the last several quarters and let you know if Lucid stock is a buy right now.
*Stock prices used were the afternoon prices of March 17, 2023. The video was published on March 19, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
