Where Will Lucid Group Stock Be in 5 Years?

The electric vehicle (EV) revolution was supposed to be unstoppable, but the road has gotten bumpier than many investors expected. Many once-promising players have been forced to bow out, but Lucid Group (NASDAQ: LCID), a favorite of many investors, has managed to stick around despite significant headwinds. So, what might the future hold for the luxury EV maker?The macro picture for EVs has changed quite a bit over the past few years. U.S. sales are still growing, but the pace of that growth has slowed significantly. From 2023 to 2024, EV sales grew 40%, but from 2024 to 2025, that was just 10%. Consumer sentiment has degraded as well. Consumers are increasingly wary of large initial price tags, high repair costs, and a lack of charging infrastructure in many areas. A survey from AAA showed that American attitudes toward EVs are the worst they've been since 2019. Only 16% of respondents said they were likely or very likely to pick an EV as their next car. That's down from 25% just three years ago. Over the same period, the share of respondents who said they were unlikely or very unlikely to do so grew from 51% to 63%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool