Lucid Approaches a Make-or-Break Period as Preparation for Turnaround Begins

Key Points Lucid's stock sank initially when it announced it had hired AlixPartners, before confirming there was no bankruptcy consideration. AlixPartners is helping Lucid develop a plan to conserve cash, improve operations, and normalize inventory. One remaining concern for Lucid is the company's serious talent drain with executive departures. 10 stocks we like better than Lucid Group › There's no question that Lucid (NASDAQ: LCID) has disappointed investors. On one hand, the young electric vehicle (EV) maker designs and produces some of the most advanced EVs on the planet -- and, for what it's worth, they look great to boot.