Lucid is a ‘super premium’ EV company, but competition is too great, Morgan Stanley says

Lucid is a ‘super premium’ EV company, but competition is too great, Morgan Stanley says
·2 min read

Lucid Group Inc. is a 'super premium' electric-vehicle maker that may be able to scale its production, but there's just too much competition to be too excited about the company's stock, Morgan Stanley analyst Adam Jonas said in a note this week.

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