As Tesla Stock Surges, Lucid Falls
Briefly

Tesla's share price surged almost 20% post-election, primarily due to CEO Elon Musk's connection with President Trump, but future policies may not favor Tesla.
While Tesla saw a strong stock performance, Lucid Group faced a significant decline, illustrating a market battle where smaller EV manufacturers struggle against market giants.
Lucid's revenue increased by 45% to $200 million, yet the company still reported a loss of $932 million, emphasizing challenges even amid revenue growth.
Investors believe new policies might harm smaller competitors like Lucid, suggesting they see Tesla as too established and resilient to be significantly affected.
Read at 24/7 Wall St.
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