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How to Invest in Lucid Group (LCID)

By Scott LevineUpdated Mar 25, 2025 at 11:03 AM

Key Points

  • Lucid's luxury EV model aims to build brand loyalty before introducing affordable options.
  • Lucid's Saudi manufacturing plant will boost production to more than 150,000 vehicles annually.
  • Despite acclaim, Lucid posted significant losses in 2023 and 2024 with no dividends paid.

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