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Lucid Group's stock has declined 41% in the last year, despite strong growth in vehicle deliveries and revenue. A partnership with Uber could boost Lucid's sales, but Uber stock looks like a better investment. Uber's share price has risen 22% over the last year and trades at 14 times expected forward earnings, making it a stronger valuation on fundamentals. Uber has already shown its business model can generate cash and is in the early stages of benefiting from self-driving technology. Lucid's sales surged 68% YoY in Q3, but the company posted a $1 billion loss and faces the threat of dilution due to Saudi Arabia's Public Investment Fund being its majority shareholder.
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