Lucid's Financial Challenges
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EV makersThe Motley Fool
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Technology
Could Buying Lucid Group Stock Today Set You Up for Life?

69% Informative
Lucid Group (NASDAQ: LCID ) makes a very small amount of cars relative to other automakers.
Lucid 's annual sales are definitely growing, increasing from a mere $4 million in 2020 to over $807 million in 2024 .
The problem is that the business is losing billions annually , which explains why the company's share count continues to climb.
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