The Sad Decline of Lucid

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On the drive up to Tahoe yesterday, I passed by the only Lucid dealership I’ve ever seen. If you don’t know the firm, it’s basically an electric car maker whose only benefit was that Elon didn’t own it, so folks bought Lucid instead of Tesla as a protest. Their mistake, because the car isn’t nearly as good, and I think that’s reflected in the long-term price chart of LCID: