4 hours Prediction: Trump’s Latest Blow To Lucid (LCID) Pushes Shares Below $224/7 Wall St.

: If the Trump administration terminates EV tax credits Lucid’s (NASDAQ: LCID) shares could drop below $2 The company depends mostly on the national wealth fund of Saudi Arabia, which owns 60% of Lucid, but given less than 3,000 vehicles in Q3 it questions its capacity to attract further capital. Also: forget about Lucid. […]

The post Prediction: Trump’s Latest Blow To Lucid (LCID) Pushes Shares Below $2 appeared first on 24/7 Wall St..

Nasdaq 100 · Politics · Saudi Arabia · Tax · Taxes · U.S. · Wealth

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