---
title: "Could Buying Lucid Group Stock Today Set You Up for Life?"
description: "Lucid Group (LCID) faces significant challenges as an electric vehicle manufacturer, competing against established automakers like Tesla, GM, and Ford. Despite growing sales from $4 million in 2020 to"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/242721849.md"
published_at: "2025-06-01T19:23:03.000Z"
---

# Could Buying Lucid Group Stock Today Set You Up for Life?

> Lucid Group (LCID) faces significant challenges as an electric vehicle manufacturer, competing against established automakers like Tesla, GM, and Ford. Despite growing sales from $4 million in 2020 to over $807 million in 2024, Lucid is losing billions annually, leading to a 32% increase in shares outstanding. With production targets of only 20,000 vehicles in 2025, Lucid struggles to stand out in a crowded market. While the stock may not set investors up for life, it could be a reasonable investment if the company scales effectively.

Regardless of its status as an electric vehicle (EV) player, **Lucid Group** (LCID -7.68%) is still just a car stock, and car stocks do not make investors fortunes. **Tesla** has been a rare exception, but we're talking about the rarest of the rare.

Competition is one thing keeping EV makers like Lucid from rocketing shareholders to incredible wealth. In addition to Tesla, traditional automakers like **General Motors** and **Ford** also make electric vehicles, which, from personal experience, I can say are quite nice. The pure EV players don't have any sort of monopoly on that space of the business, and it seems very unlikely that the more established players within autos are going to let up the pressure.

## Lucid's sales and financials

Lucid's annual sales are definitely growing, increasing from a mere $4 million in 2020 to over $807 million in 2024. The problem is that the business is losing billions annually, which explains why the company's share count continues to climb as it raises capital to cover operations by issuing shares. Total shares outstanding increased nearly 32% year over year in the first quarter of 2025, all while Lucid reported a net loss of $366 million, excluding accretion of redeemable convertible preferred stock, which took losses to $731 million.

Image source: Lucid Group.

To me, the euphoria has worn off this stock, as it is down over 70% in the last five years. This isn't to say that it makes a bad product. Quite the opposite. Car and Driver gives the 2025 Lucid Air a five-star rating. The problem is the cost of building up a car company from scratch and competing against the established giants in the industry that are all making their own electric cars along with internal combustion engine vehicles.

Lucid's car production came in at 9,024 vehicles in 2024, which is minuscule compared to competitors like General Motors, which sold well over 2 million vehicles. Guidance calls for around 20,000 vehicles to be produced in 2025, which is still pretty minuscule relative to the broader car market.

## Too much competition

I've been watching auto stocks for a long time, and I don't see the strength of the sector in terms of investment. The exception is, of course, Tesla, but its operations span across more than just cars, and I think its stock will also come back to earth at some point.

People can only buy so many cars. Whether it's EVs or regular combustion engines, people aren't going to buy more cars than needed. With an increasing number of options within EVs, Lucid doesn't seem to particularly stand out from the pack, aside from the fact that it focuses on luxury vehicles. But competitors like Cadillac, **Mercedes**, and **Volvo** are all doing the same thing, and they have more of the infrastructure required to produce at scale.

Most car stocks trade at around 10 to 13 times earnings. I think these electric start-ups will end up with similar valuations once the fervor has worn off. Mercedes operates in the luxury space and has delivered gains of over 56% over the last five years. That pales in comparison to the **S&P 500** return of 94% over that same time frame, and I see very little reason for car stocks to start outperforming the market. It's a capital-intensive business and very susceptible to weak economic conditions. Back to my headline, I don't think Lucid stock will set anyone up for life, but it could make for an OK investment if the company can continue to scale.

### Related Stocks

- [LCID.US - Lucid](https://longbridge.com/en/quote/LCID.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Lucid 的股票在 10 年後會處於什麼位置？ | 未來會比現在更光明嗎？ | [Link](https://longbridge.com/en/news/276468798.md) |
| Lucid 宣佈在三年內進行第三次大規模裁員，裁減 12% 的員工 | Lucid Motors 正在裁員 12% 的美國員工，這是其重組努力的一部分，旨在提高運營效率並朝着盈利方向邁進。這次裁員不包括小時生產員工，是自 2023 年以來的第三輪裁員。臨時首席執行官 Marc Winterhoff 強調，公司核 | [Link](https://longbridge.com/en/news/276469241.md) |
| 市場傳聞：Lucid 計劃裁減 12% 的員工 | Lucid Group (LCID) 正在裁減其員工人數的 12%，這是為了簡化運營並實現盈利，具體內容在 TechCrunch 報道的內部備忘錄中提到。這次裁員不會影響製造、物流和質量部門的小時工。截至 2024 年底，Lucid 在全球 | [Link](https://longbridge.com/en/news/276466835.md) |
| Lucid Group, Inc. (LCID) 任命 Neil Marsons 為高級副總裁，負責供應鏈管理 | Lucid Group, Inc.（納斯達克代碼：LCID）已於 2026 年 2 月 9 日任命 Neil Marsons 為供應鏈高級副總裁。在此職位上，他將負責全球供應鏈擴展，並支持在亞利桑那州和沙特阿拉伯的製造運營。Marsons  | [Link](https://longbridge.com/en/news/276464315.md) |
| Lucid Group 的股價接近歷史低點，現在是否是買入的好時機？ | 該公司在 2025 年結束時有一些炙手可熱的銷售數字，面臨即將到來的投資者活動 | [Link](https://longbridge.com/en/news/276478352.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
