US EditionWhy Lucid is Probably Not The Next Tesla
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Why Lucid is Probably Not The Next Tesla
On June 29, 2010, Tesla Inc. (NASDAQ: TSLA) IPO’d at $17 per share. Fast-forward 15 years, plus a five-for-one and three-for-one split, and Tesla’s stock is trading at just over $341 per share as of this writing — an impressive rise that made a few early investors millionaires. In comparison, shares of Lucid Group Inc. (NASDAQ: LCID) are currently trading at the seemingly bargain price of $2.66 per share. So, will it experience a similar rise an…
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