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Stock impact report

Think It's Too Late to Buy Lucid Group? Here's the Biggest Reason Why There's Still Time. [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
And to be sure, Lucid Group (NASDAQ: LCID) shares aren't necessarily cheap at 7.3 times sales. But after a sharp correction, its shares are cheaper than they've been in years, while growth estimates for 2025 call for sales to jump by nearly 100%. As a whole, electric car stocks had a rough start to 2025. Competitors like Tesla and Rivian Automotive saw their valuations plummet by 30% or more in a matter of weeks. Lucid Group was no exception, especially after the departure of its longtime CEO in February. Right now, Lucid trades at a discount to Tesla, but a premium to Rivian. The premium versus Rivian make sense, considering Lucid is expected to grow revenue by 94% this year versus just 8% growth for Rivian. What doesn't make as much sense, at least according to the raw numbers, is Lucid's relative discount to Tesla shares. Lucid's growth rate in 2025 is projected to be six times higher than Tesla's, yet Tesla shares trade at a premium. Tesla, of course, has significant long-te Show less Read more
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