Is It Too Late to Sell Lucid Motors Stock?

Things have been getting from bad to worse for Lucid Group (LCID), which was once touted as the “next Tesla.” The stock, which lost 65% last year, has extended its dismal run into 2026 and plunged below the $10 price level yesterday, Jan. 20. Absolute price levels can be confusing at times, though, as Ford (F) shares are also not far from the $10 price level despite the company being listed for seven decades.

However, if not for the 1-for-10 reverse stock split that Lucid completed last year, the stock price would be below $1 now, making it a delisting candidate. Let's examine Lucid Motors’ outlook and analyze whether it's too late to sell the once-promising startup electric vehicle (EV) company.