High Energy Prices Good for Lucid Group Inc
The price of gasoline and diesel continuing to hover near record highs could provide a much-needed catalyst for battered electric vehicle (EV) stocks.
When reviewing the prospects of EV stocks, the key is analyzing long-term fundamentals and ignoring short-term factors. The reality is that the.
That’s why the legacy automakers have been spending tens of billions of dollars on producing EVs, and why pure-play EV companies are beginning to generate significant revenues.
The post Why It May Be Time to Look at Lucid Group Stock appeared first on Profit Confidential.