The Ev Landscape: Lucid vs Tesla
U.S. electric vehicle sales rose 7% last year to 1.3 million, but the Trump administration's stance on EVs has spooked investors and raised concerns about growth being stifled. As investors weigh their options, a comparison between start-up Lucid (NASDAQ: LCID) and established leader Tesla (NASDAQ: TSLA) can help determine which is the better buy. Lucid's struggles with high production costs may be temporary, but Tesla's move into new areas of growth suggests its long-term potential.
- The EV market's shift toward autonomous vehicles and robotics could create a virtuous cycle where companies investing in these technologies reap benefits from growing demand.
- How will the increasing focus on sustainable and environmentally friendly manufacturing practices impact the long-term viability of electric vehicle manufacturers?