Lucid stock price hovered around $3.14 with muted volume. Market strategists say the next catalyst could be EV tax credit expansions discussed in current legislative sessions. Lucid (LCID) shares are inching up this morning after the automaker confirmed last week that it has officially entered the autonomous vehicle race, delivering its first electric robotaxi. Lucid Motors has to increase its deliveries significantly, as it's just about impossible to turn a corner with such dismal capacity utilization. That said, we should see Lucid’s deliveries scale up over the next couple of years as it launches more affordable models, including the upcoming midsize platform. Lucid stock price traded flat despite rising oil prices, which generally encourage EV uptake. Analysts argue policy incentives in the EU could become a hidden driver for future stock appreciation.