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Why It May Be Time To Look At Lucid Group Stock

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.

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The post Why It May Be Time to Look at Lucid Group Stock appeared first on Profit Confidential.