Tesla Killer? Lucid Stock Analysis 😱 Is LCID Stock a Buy Now?

Today I provide Lucid stock analysis. Is Lucid a Tesla killer? I provide a breakdown of Lucid stock including key metrics, valuation, bear vs bull and other important Lucid stock analysis to help you decide if LCID stock is buy now. EV stocks can make you a ton of profit long-term, but will Lucid stock be a winner? Is Lucid stock a buy now?

Lucid Group (NASDAQ: LCID stock) is an exciting start-up electric vehicle manufacturer focused on the high-end luxury automotive market. Lucid stock has plummeted over 55% year-to-date, and you are wondering, "is Lucid stock a buy now"? In this video, I break down key metrics for Lucid. I provide the bull and the bear case, then provide you with my final verdict on the stock. If the video is helpful, please like and subscribe. 

#Lucid #LCID #TSLA #tesla #EV

Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. FIRED Up Wealth & Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.

[FiredUpWealth]

What do you guys think..Is Lucid stock a buy now? Drop a comment below, and don’t forget to subscribe, like, and share!

[deanjennings]

Well I shorted lucid stock at $30. I’m now a long and will be buying the lucid air pure. I own 2 Tesla’s now and am feeling bored already. There is a Huge EV bill coming mid 2023. Big money will be loading before hand. I’ll be buying into lucid stock over the next few months as well.

[leroymarshall]

Lucid will surprise everyone in the end I’m sticking with lucid

[bossusa]

Biggest risk is not taking a risk. I like the car, I like the story . I’m in long .

[ArtieStern]

people keep having the wrong angle saying tesla killer. they're aiming for people with gas cars that have range anxiety. starting with luxury level and then work down to economical car

[susannabruemmer]

The biggest mistake you can make when investing is to think that you are smarter than the market. It’s almost impossible to time the consistency, you will miss out on great opportunities if you do this. simply DCA into high conviction stocks and let your position grow.

[christianjohnson]

Good update - thank you. There is potential and I'm a believer in the EV market overall -- currently own 500 shares of LCID @ $18 (purchased 9/21) which Im just going to hold. But also have 5 options for Jan 2023 @ $30 ... Even IF earnings are terrible, the Saudi Govt will keep them going and the downside will be temporary. I'm just going to wait out bumps and hold for a year or two. - I've heard they are very nice vehicles and looking forward to seeing them around the DC area. Thanks again for the video.

[angelokafkes]

Can you tell me is lucid a buy at 18.05 per share

[markriley]

Hi Eric,
Too much risk; too many competitors. VW, Ford, GM, and TSLA. Hard pass. Thanks for this fun video. I learned a lot about Lucid.

[gurugya]

Dear Old Chap: You are a real Champ. Keep up the good work. I own Lucid and will buy some more now at this low price. Will have to take a gamble.😎

[jameslong]

Only one ev for me. Tesla! Still, interesting to see other EVs entering the space. More competition will spur more r&d and better products, improve efficiencies and hopefully reduce prices

[quietstorm]

Thanks for confirming my decision to sell the shares awhile ago was the right choice for now. It's most definitely a long-term investment 😊

[stuartnordvik]

Saudi backing is huge, definitely feel there is a market for high end EVs. How big a TAM...looking at luxury sales being 440 billion yearly and rising to 600 billion by 2027. Largest growing market is Asia-Pacific. I'd rent one lol, on a business trip of course.

[rdk]

Great video, thank you! Have Lucid shares already, am long on the stock. I’m in the hole but buy on dips to catch up. Would like to add at 18 but decided to just Hold till Report comes out this week.

[MattPayne]

Lucid definitely has some potential! As you mentioned in the video, I walked past the Vancouver shop a couple of times... always people inside. The cars look very sleek too!

Thanks for sharing this great content!

[Duncan]

Appreciate for your sharing. Cheers for WING stock..

[filipkielar]

Thanks Eric for this reminder. I rode one of the waves of the stock pice on Lucid for a nice gain. Didn’t think about it for a while and so I’m happy for this refresher.

[runer]

It's really great that you do a detailed analysis of LCID, I hope you take some of the other new EVs as well. People talk far far far too much about Tesla, I find it boring.

[lundy]

Interesting EV company! Thanks for the bull and bears cases. Will watch for earnings after close today

[cesarochoa]

Erik, I bought Lucid last year when stock was high in the 50s, lost, know is 18. Should i buy, maybe for DCA. What about other Chinese companies like the one Buffet owns?