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24.11.2024 16:00:00

More Great News for Lucid Heading Into 2025. Is It a Buy Now?

Just like that, with the 2024 Presidential election in the books, electric vehicle (EV) investors are left to wonder if the U.S. is about to hit a major industry speed bump. President-elect Donald Trump has occasionally spoken out against EVs, and the transition team is rumored to be heavily considering ending the $7,500 federal tax credit, which could soften EV demand.But if Lucid Group (NASDAQ: LCID) CEO Peter Rawlinson is to be believed, Lucid's investors might not have much to worry about. Here's why.Lucid has recently rewarded patient investors, some of whom have hung around through multiple delivery disappointments and production snags, with three consecutive quarters of deliveries in 2024. In fact, the young EV maker has already outsold its 6,001-delivery mark set in 2023 by over 1,100 vehicles through the first nine months of 2024. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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