Softening demand and a coming liquidity crisis could affect all its shareholders.
EV start-up Lucid Group (LCID 1.19%) reported first-quarter results, coming short of expectations, lowering guidance for full-year production, and telegraphing a coming liquidity crunch. In this video, Motley Fool contributor Jason Hall breaks down what's happening and explains the most important things investors need to know right now.
*Stock prices used were from the morning of May 9, 2023. The video was published on May 9, 2023.
Jason Hall 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. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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