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Lucid Group’s Growth Potential and Tesla’s Blueprint for EV Expansion
Lucid Group’s Growth Potential and Tesla’s Blueprint for EV Expansion
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BTCCSquare news:
Lucid Group (LCID) investors are buoyed by the company's recent partnership, which spurred a 40% stock surge. The collaboration with Uber to develop robotaxi services taps into a market some analysts value at $10 trillion. Autonomous driving represents a significant growth avenue, but near-term catalysts could propel Lucid's sales by over 400% in five years.
Tesla's proven strategy offers a roadmap for scaling in the electric vehicle sector. Elon Musk's 2006 master plan—launching high-end models like the Roadster to fund more affordable offerings—mirrors Lucid's potential trajectory. The Model X and Model S paved the way for mass-market vehicles, a playbook Lucid may emulate to capture broader demand.
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