Could Buying Lucid Group Stock Today Set You Up for Life?
Lucid Group (NASDAQ: LCID) has huge plans in 2025 as it looks to become one of the world's top electric vehicle (EV) companies. If you are an investor interested in this sector of the economy, could buying in before it executes on its goals set you up for life?If you have a glass-half-full view of the world, you might come away with that impression. But it pays to think about the glass half empty view, too, just in case. Here's what's going on with Lucid as a company and as a stock in 2025.Lucid management said it intends to double the company's vehicle production in 2025. It's an ambitious goal, and it will take top-notch execution to achieve. The size of this task shouldn't be underestimated, even after you find out that production in 2024 was roughly 9,000 vehicles. The plan for 2025 is to make around 20,000 vehicles.Continue reading
Lucid Group (NASDAQ: LCID) has huge plans in 2025 as it looks to become one of the world's top electric vehicle (EV) companies. If you are an investor interested in this sector of the economy, could buying in before it executes on its goals set you up for life?
If you have a glass-half-full view of the world, you might come away with that impression. But it pays to think about the glass half empty view, too, just in case. Here's what's going on with Lucid as a company and as a stock in 2025.
Lucid management said it intends to double the company's vehicle production in 2025. It's an ambitious goal, and it will take top-notch execution to achieve. The size of this task shouldn't be underestimated, even after you find out that production in 2024 was roughly 9,000 vehicles. The plan for 2025 is to make around 20,000 vehicles.
