Business
Lucid Offers $7,500 ‘EV Credit’ and the Stock Drops. It’s No Longer Beating Tesla Shares.
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Electric vehicle maker
Lucid
was shut out of the government’s new purchase tax credits for consumers buying an EV. The company decided to do something about that.
Investors aren’t so sure they like it. They are taking some profits after a run that had
Lucid
(ticker:LCID) stock outperforming
Tesla
(TSLA) shares.
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