Since its debut on the public markets in 2021, Lucid (LCID -3.79%) has emerged as one of the most popular electric vehicle (EV) manufacturers. That popularity has earned its stock a prominent place on the radars of EV and growth investors alike.
Are you looking to invest in the exciting world of electric vehicles? Lucid Motors (LCID) has become one of the most talked-about EV manufacturers since going public in 2021. As someone who’s been following the EV market closely I want to share everything you need to know about buying Lucid stock.
What is Lucid Group?
Before we jump into how to buy the stock. let’s understand what Lucid Group actually does
Lucid Group Inc. (ticker LCID) manufactures luxury electric vehicles. The company designs, develops, and builds energy storage systems for EVs and supplies automakers with battery pack systems needed to power hybrid plug-in, and electric vehicles.
Founded in 2007 and headquartered in Newark, California, Lucid employs around 6,800 people. Under CEO Marc Winterhoff, the company has been following a strategy similar to Tesla—starting with high-end luxury cars to build brand loyalty before introducing more affordable options.
Current Lucid Stock Performance
As of November 2025, Lucid Group (LCID) shares are valued at approximately $17.58, with the following key statistics:
- Market cap: $5.62 billion
- Price-Earnings ratio: -1.61 (indicating the company is not yet profitable)
- 52-week high: $36.40
- 52-week low: $15.25
- Average daily volume: 11.92 million shares
How to Buy Lucid Stock: Step-by-Step Guide
1. Choose a Brokerage Account
First things first—you’ll need a brokerage account to buy Lucid stock. There are many options available:
- Robinhood: Popular among beginners with commission-free trades
- TD Ameritrade: Offers robust research tools
- Fidelity: Known for excellent customer service
- Charles Schwab: Great all-around broker with educational resources
- Webull: Alternative app-based platform with extended trading hours
I personally started with Robinhood due to its user-friendly interface, but your choice should depend on your individual needs and experience level.
2. Create and Fund Your Account
After selecting a broker:
- Complete the application process (you’ll need personal information and sometimes banking details)
- Verify your identity (usually through government-issued ID)
- Connect your bank account
- Transfer funds to your brokerage account
Most brokers process transfers within 1-3 business days, though some offer instant deposits for smaller amounts.
3. Search for Lucid’s Stock Ticker
Lucid Group trades on the Nasdaq under the ticker symbol LCID.
Once your account is funded:
- Open your brokerage app or website
- Enter “LCID” or “Lucid Group” in the search bar
- Select the stock from the results
4. Decide How Many Shares to Buy
Before making your purchase, consider:
- Your investment budget
- Portfolio diversification (don’t put all your eggs in one basket)
- Investment timeline (long-term vs. short-term)
- Risk tolerance (Lucid is considered a volatile growth stock)
A good rule of thumb is to never invest more than you can afford to lose, especially in volatile stocks like Lucid.
5. Choose Your Order Type
There are several ways to place your order:
Market Order: Buys the stock immediately at the current market price. Simple but you might pay slightly more than expected if the price moves quickly.
Limit Order: Lets you set the maximum price you’re willing to pay. The order executes only if the stock reaches your specified price or lower.
For example, if LCID is trading at $17.58, you might set a limit order for $17.50, meaning your order will only execute if the price drops to that level or below.
6. Submit Your Order and Confirm
After selecting your order type and number of shares:
- Review all details carefully
- Submit your order
- Check for a confirmation that your order was executed
Congratulations! You’re now a Lucid shareholder.
Should I Invest in Lucid Stock?
This is the million-dollar question, isn’t it? Let’s look at some factors to consider:
Potential Upsides
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Critical acclaim: Lucid has received numerous awards, including:
- MotorTrend 2022 Car of the Year
- Co-winner of U.S. News & World Report’s 2025 Best Luxury Electric Car
- A spot on the Car and Driver 10 Best List for 2025
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Expansion plans: Lucid opened its first manufacturing plant in Saudi Arabia in 2023 and plans to expand to a capacity of more than 150,000 vehicles annually.
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Product diversification: The company started production of its luxury SUV (Lucid Gravity) in late 2024 and plans to launch a midsize vehicle in 2026.
Potential Risks
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Not yet profitable: Lucid posted a net loss of $2.7 billion in 2024, with a negative gross margin of -114% (though this was an improvement from -225% in 2023).
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Production challenges: As of October 2025, Lucid had produced only 9,966 vehicles through Q3, likely to miss their 20,000 vehicle target for the year.
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High volatility: Since going public in 2021, Lucid stock has ranged from as high as $58 to as low as about $1.93.
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No dividends: Lucid doesn’t pay dividends and is unlikely to do so anytime soon as it focuses on expansion.
Alternative Ways to Invest in Lucid
If you’re intrigued by Lucid but hesitant to put all your eggs in one basket, consider these alternatives:
ETFs With Lucid Exposure
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First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN): This EV ETF includes Lucid as approximately 2.34% of its holdings, along with other clean energy stocks.
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ALPS Clean Energy ETF (ACES): Another ETF focused on renewable energy companies, with Lucid representing about 2.99% of its holdings.
These ETFs provide some exposure to Lucid while spreading risk across multiple companies in the clean energy sector.
My Personal Take on Lucid Stock
I’ve been watching Lucid closely since their SPAC merger, and while I’m impressed with their technology and vehicle designs, I’m cautious about their path to profitability. For my portfolio, I’ve taken a small position but am waiting for more positive cash flow signs before adding more.
The EV market is super competitive now, with traditional automakers jumping in alongside startups. Lucid’s luxury approach is interesting but faces challenges from established premium brands also going electric.
Frequently Asked Questions
Is Lucid a good stock to invest in?
That depends on your risk tolerance and investment horizon. Lucid is still in its growth phase and isn’t profitable yet. It’s more suitable for investors who can handle volatility and have a long-term perspective.
Will Lucid stock split anytime soon?
Probably not. Companies typically split their stock when the price becomes very high. With Lucid trading under $20 in late 2025, there’s little incentive for a stock split.
How does Lucid compare to Tesla?
Both follow similar business models (starting with luxury vehicles before expanding), but Tesla is much further along in its journey, with multiple profitable quarters and higher production volumes. Lucid is still in its early stages.
Can I buy Lucid stock directly from the company?
No, you’ll need to purchase shares through a brokerage account on the open market.
Bottom Line
Buying Lucid stock is straightforward through any major brokerage, but the decision to invest requires careful consideration. The company has impressive technology and vehicles but faces significant challenges on its path to profitability.
As with any investment, especially in emerging technologies and growth stocks, diversification is key. Don’t put more into Lucid than you can afford to lose, and consider it as just one piece of a broader investment strategy.
Have you already invested in Lucid or other EV stocks? What’s been your experience? I’d love to hear your thoughts in the comments below!
Does Lucid pay a dividend?
At this time, Lucid doesnt pay a dividend, and its highly unlikely the company will start to reward investors with a dividend anytime soon. Instead of distributing cash to shareholders, Lucid is focused on allocating capital toward expanding its production facilities in Arizona and Saudi Arabia. In 2025, for example, Lucid projects capital expenditures of $1.4 billion.
ETFs with exposure to Lucid
Buying Lucid stock isnt the only way to gain exposure to the luxury EV manufacturer. Investing in an exchange-traded fund (ETF) that includes Lucid among its holdings is another viable option.