Should You Buy Lucid Stock While It's Below $2.50?

Lucid Group (NASDAQ: LCID) is a startup automaker attempting to take on industry giants. That's a tall order, and as such, most investors are probably better off watching this company from the sidelines. However, for more aggressive investors, the company's award-winning technology in what is still a relatively new electric vehicle (EV) niche could make it worth the risk, particularly while the stock is trading below $2.50 per share.Here's what you need to know.The first step for Lucid was to create an electric vehicle that customers would want to buy. It did that, and it has won industry accolades along the way. One of the biggest selling points for Lucid vehicles is the range that they offer -- concerns about being able to travel long distances are among the most notable worries for potential buyers of electric vehicles (EVs).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool