Lucid Motors Very Well May Be the Next Tesla, But There’s a Catch

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ValueWalk

Lucid Group Inc (NASDAQ:LCID) stock has long-term opportunity, but short-term risk Q3 2021 hedge fund letters, conferences and more Lucid Motors (NASDAQ:LCID) has completely taken the world by storm. Or at least, the electric vehicle (EV) world, when it comes to the stock market. LCID stock has seen an explosive move to the upside, rallying roughly 125% over the past month. Is that run about to come to an end? On Wednesday we were able to size up the perfect reversal trade in Lucid. As satisfying as it was to nail a trade like that, it’s only because it was a great risk/reward opportunity. It …

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