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Lucid stock price today is flat at $3

Model: NS-40F401NA26
SKU: 6614066
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Comp. Value: $326.000
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Lucid stock price today is flat at $3.12, mirroring consolidation patterns seen across several EV peers. The sideways trading suggests accumulation phases possibly leading to breakout moves in coming weeks. Options data from Barchart paints a wide range for LCID shares’ trajectory. Lucid has to turn into a sustainable business sooner rather than later, as the unending cycle of stock sales to fund cash burn cannot continue in perpetuity. It took Lucid twice as much to build a car in Q2 as it sold it for—and we haven’t yet accounted for depreciation and other overheads like marketing expenses. As things stand today, Lucid does not have a well-defined short-term path to profitability. Lucid stock price today stands at approximately $3.10, down 2% intraday. Traders attribute the dip to cautious sentiment across the Nasdaq, while EV delivery forecasts remain in focus for the next quarterly report.