Lucid Group shares are trading lower as EV stocks drop following worse-than-expected Q3 financial results from Tesla.
Portfolio Pulse from Benzinga Newsdesk
Lucid Group shares are trading lower as EV stocks drop following worse-than-expected Q3 financial results from Tesla.
October 19, 2023 | 6:34 pm
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NEGATIVE IMPACT
Lucid Group's stock price is trading lower due to the negative sentiment in the EV sector following Tesla's worse-than-expected Q3 results.
Lucid Group's stock price is directly impacted by the overall sentiment in the EV sector. Tesla's worse-than-expected Q3 results have led to a negative sentiment in the sector, causing a drop in Lucid Group's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100