Lucid Group Inc is an American California, Newark based best electric car vehicle and ย truck manufacturer company.
This company also gives the service related to automotive technology company and listed in NASDAQ as โLCIDโ.
The company was founded in 2007 and Head Quarter is in Newark, California, United States and the total revenue is approx 61 Crores USD in the last year 2022.
The lucid group of companies hold the total share of 61.1% of their Public Investment Fund where the total production output is approx 7,180 in the last year 2022.
The founders of Lucid Automotive Inc is Mr. Barnard Tse, Mr. Sam Weng and Mr. Sheaupyng Lin.
All of this company is that Lucid Motor is working on making such type of vehicles which can revolutionize the field of transportation as well as surrounding environment too because that electric vehicles will also conduct clean energy.
Here in this post, we will discuss all about Lucid stock price prediction from the year 2023 to 2050.
Some Important points on LCID Motors
- Lucid Automobiles company is formerly known as Atieva, Inc. and it is a public company.
- This is traded as LCID (Class A) listed in Nasdaq-100 component, ISIN number: US5494981039.
- The total revenue:ย USD 61 Crore (2022).
- Official website of Lucid Group Inc. click here
Lucid Motors History
Lucid Group Inc was prior known as Ativa which was established in the year 2007 by Bernard Tesla and well supported by Mr. Peter Rawlinson.ย
Mr. Bernard Tesla was former Vice President of Design and Product Development at Tesla ย and Mr. Peter Rawlinson was Vice President of Engineering and Chief Engineer of the Model S at Tesla, Inc.
Lucid Stock Price Prediction 2023
As per our market technical analysis related LCID motors stock will touch its high value that is between $56.82 to $72.94 in the year 2023.
You will have to know that the next upcoming year is of all electric vehicles. So that being an electric vehicle company, Lucid motors will get very profitable in this year and the next upcoming year.
Lucid Stock Price Prediction 2024
You will see the stock price of Lucid will be between $76.65 toย $84.32 in the year 2024.
Lucid Stock Price Prediction 2025
This is a competitor company of Rivian and Tesla, so that when these electric vehicleโs stock price will increase then on the higher demand of the electric vehicles, Lucid company will also fulfill the marketโs demand.
So that as for the calculation you know, when the demand is increasing, supply will have to be increase.
Hence, you will assume that on the profit of the company will goes high and their stock price will go high up to $89.48 to $99.15 in the year 2025.
Lucid Stock Price Prediction 2030
You will see the stock price of Lucid will be between $194 to $218 in the year 2030.
Lucid Stock Price Prediction 2040
Lucid motors stock price is likely to be between $437.25 to $471.05 in the year 2040.
Lucid Stock Price Prediction 2050
Lucid stock price range in the year 2050 will be between $801.09 to $886.95 in the year 2050.
