Reported 2 days ago
Lucid Motors' stock surged recently following a major partnership with Uber Technologies and Nuro to introduce robotaxis, leading analysts to raise price targets to $7. However, concerns remain regarding Lucid's ability to maintain revenue streams and achieve production targets, alongside skepticism about their profitability, which is still negative despite revenue growth. The company's recent performance has led to mixed analyst ratings, emphasizing both potential growth and existing risks.
Source: YAHOO