Reported about 15 hours ago
Lucid Group could see its sales skyrocket by over 500% in the next five years if it successfully launches three new mass-market electric vehicles starting in 2026. The excitement follows their partnership with Uber and parallels in growth strategies with Tesla, which previously achieved rapid sales growth through affordable models. However, Lucid faces challenges, including ongoing financial losses and potential delays in production. If they can navigate these hurdles, substantial growth could be on the horizon.
Source: YAHOO