Lucid Group's Trading Volume Drops 31.95% to $310 Million Amidst Stock Price Surge and EV Market Competition

On May 13, 2025, Lucid Group (LCID) saw a trading volume of $310 million, marking a 31.95% decrease from the previous day. The stock price rose by 1.15%, extending its winning streak to four consecutive days, with a total increase of 17.78% over the past four days.

Lucid Group, Inc. is being evaluated against other high-growth electric vehicle (EV) stocks to determine its investment potential. The company's valuation is under scrutiny as investors question its ability to scale operations and improve efficiency.

Despite a mixed performance in the first quarter, Lucid reported a significant year-over-year increase in vehicle deliveries by 58.1%, with 2,212 vehicles produced and 3,109 delivered. This surge in deliveries highlights the company's growing market presence and operational capabilities.

Lucid has maintained its production forecast for the fiscal year 2025, aiming to produce approximately 20,000 vehicles. This ambitious target reflects the company's confidence in its production capabilities and market demand for its electric vehicles.

Analysts expect Lucid's revenue to jump by 82% in 2025, growing by another 91% in 2026. This projected growth is driven by the company's expanding sales base and increasing market share in the EV sector.