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Barchart
Mohit Oberoi

Lucid Motors Stock Price Prediction 2025: Is LCID Worth the Risk Amid the EV Meltdown?

Lucid Motors Lucid LCID Peter Rawlinson Tesla Inc. Elon Musk Lucid Group PIF Aston Martin

The bloodbath in startup electric vehicle (EV) stocks that began in 2021 has continued to worsen in 2024. Lucid Motors (LCID), for instance, is down almost 41% for the year, and is not far from its record lows.

The Peter Rawlinson-led company once looked like a formidable challenger to Tesla (TSLA). While Lucid Motors still keeps benchmarking itself against Tesla, and it's tough to find any Lucid earnings call where the word “Tesla” does not pop up, the company has largely disappointed.

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