Is It a Good Time to Invest in Lucid Group After a 98% Stock Drop?

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**Lucid Group’s Sales and Production Challenges Amid New Partnership**
Lucid Group (NASDAQ: LCID) announced a partnership with Uber Technologies to supply at least 20,000 vehicles for a global robotaxi program over six years, aiming to increase sales and production amid significant cash losses. The company produced 17,840 vehicles in 2025, nearly doubling its output from 2024 with the launch of its Lucid Gravity SUV and anticipates launching a more affordable SUV model, the Lucid Earth, starting below $50,000.

Despite these developments, Lucid has reported a free cash flow loss of -$3.8 billion over the past four quarters against $1.35 billion in sales. With shares down 98% from their high and still trading at a price-to-sales ratio of 2.4, analysts advise exercising caution before investing, recommending potential investors wait for more consistent sales growth and decreasing cash losses before committing capital.

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