1 Thing Every Lucid Group Investor Needs to Watch Right Now
It's an exciting time for Lucid Group (NASDAQ: LCID). Sales are expected to grow by 72% this year and 97% next year thanks to the recent introduction of its Gravity SUV platform. Plus, several new models may be on the way as early as 2026. But there's one critical risk point that every investor should be monitoring right now. Few companies completely control their own destiny. But some are more exposed to outside events than others. Right now, Lucid is particularly vulnerable to changes in federal policies. The U.S. government is mulling the elimination of several long-standing subsidies. The most talked about right now is the federal tax credit for EV buyers, which can reach as high as $7,500.If these incentives are eliminated, the effective cost of purchasing an EV will rise, a direct hit to nearly every electric car stock. Analysts are split on how damaging this policy shift could be. But we can glean clues from other countries that abruptly eliminated EV tax incentives. The reality may surprise you.Continue reading
It's an exciting time for Lucid Group (NASDAQ: LCID). Sales are expected to grow by 72% this year and 97% next year thanks to the recent introduction of its Gravity SUV platform. Plus, several new models may be on the way as early as 2026. But there's one critical risk point that every investor should be monitoring right now.
Few companies completely control their own destiny. But some are more exposed to outside events than others. Right now, Lucid is particularly vulnerable to changes in federal policies. The U.S. government is mulling the elimination of several long-standing subsidies. The most talked about right now is the federal tax credit for EV buyers, which can reach as high as $7,500.
If these incentives are eliminated, the effective cost of purchasing an EV will rise, a direct hit to nearly every electric car stock. Analysts are split on how damaging this policy shift could be. But we can glean clues from other countries that abruptly eliminated EV tax incentives. The reality may surprise you.
