Could Lucid Group Stock Help You Retire a Millionaire?
Every investor should be looking for the next Tesla. Since 2010, Tesla shares have risen in value by more than 20,000%. An initial investment of just $5,000 would now be worth well over $1 million.Could Lucid Group (NASDAQ: LCID) be your next millionaire-maker opportunity? The company is on track for immense growth this year, and its long-term future looks bright when it comes to copying Tesla's strategy for growth. But before jumping in, there are a few risks to monitor.Way back in 2006, Elon Musk laid out Tesla's master plan for growth in a "top secret" blog post. "As you know, the initial product of Tesla Motors is a high performance electric sports car called the Tesla Roadster," Musk began. "However, some readers may not be aware of the fact that our long-term plan is to build a wide range of models, including affordably priced family cars." Continue reading
Every investor should be looking for the next Tesla. Since 2010, Tesla shares have risen in value by more than 20,000%. An initial investment of just $5,000 would now be worth well over $1 million.
Could Lucid Group (NASDAQ: LCID) be your next millionaire-maker opportunity? The company is on track for immense growth this year, and its long-term future looks bright when it comes to copying Tesla's strategy for growth. But before jumping in, there are a few risks to monitor.
Way back in 2006, Elon Musk laid out Tesla's master plan for growth in a "top secret" blog post. "As you know, the initial product of Tesla Motors is a high performance electric sports car called the Tesla Roadster," Musk began. "However, some readers may not be aware of the fact that our long-term plan is to build a wide range of models, including affordably priced family cars."
