Business

Lucid is the Tesla of electric-vehicle startups, and the stock is set to soar nearly 60%, Bank of America says


In the vast universe of electric vehicle startups, Lucid Motors is one of the most legitimate. That’s according to Bank of America, which initiated coverage of the EV maker on Wednesday with a “buy” rating and price target of $30. That’s a 58.3% price jump based off of Lucid’s close on …

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