1 "Dreadful" Reason to Avoid Lucid Group Stock in 2026

Could EV stocks like Lucid Group (NASDAQ: LCID) have a dreadful year in 2026? One expert thinks so. "Next year could be a pretty dreadful year for EVs in this country," warns Adam Jonas, who covers the auto industry at Morgan Stanley.The chief culprit is the elimination of federal tax credits, a change that effectively raises the price of many electric vehicles by up to $7,500. But as we'll see, there's an even bigger challenge EV makers will face in 2026 and beyond.Why is Adam Jonas so bearish on EVs next year? There's one culprit to blame: a lack of federal tax credits. For years, EV demand has been stoked by federal subsidies. Many EV buyers qualified for these subsidies, effectively lowering their total purchase cost by thousands of dollars. In a world where consumers are increasingly cost conscious, this is a big deal.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool