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Discover Lucid Group's strategic moves, its financial health, and the potential impact of its Gravity SUV on the electric vehicle market.
Lucid (LCID 5.12%), once valued at $90 billion, now faces a pivotal moment with the upcoming Gravity SUV and significant backing from Saudi Arabia. Could this be the turnaround investors have been waiting for? Explore Lucid's potential resurgence and what it means for the electric vehicle market.
*Stock prices used were the market prices of June 24, 2025. The video was published on July 2, 2025.
Rick Orford 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. Rick Orford 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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