February 9, 2023

Lucid Stock Was Having a Better Year Than Tesla. Then It Cut Prices.

Electric vehicle maker

Lucid

was shut out of the government’s new purchase tax credits for consumers buying an EV. The company decided to do something about that.

Investors aren’t so sure they like it. They are taking some profits after a run that had

Lucid

(ticker:LCID) stock outperforming

Tesla

(TSLA) shares.

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