Lucid’s (NASDAQ: LCID) upcoming Gravity SUV has long been an important driver of bullish sentiment, even though it has not been entirely free of adverse factors.
The latest reviews for the new electric vehicle (EV) model do much to further the excitement.
For example, Wired only faulted its high price point – a long-standing concern – and the current lack of advanced driving features. It praised the car’s 450-mile range, acceleration rate, overall design, and multiple other factors.
The latter of the two downsides is all but guaranteed to be fixed in time, while Lucid is reportedly working on a cheaper, $79,900 version of Gravity with the hopes of launching it later in 2025.
Perhaps even more importantly, the EV maker plans to ship a mid-sized SUV at a significantly more affordable $50,000 price tag as soon as 2026, positioning the year as pivotal for the company’s future success.
Why 2025 might be the perfect year for Lucid to expand
Recent macroeconomic and PR developments have also granted Lucid certain tailwinds. Many Americans and international customers are looking for an alternative to Tesla (NASDAQ: TSLA) due to Elon Musk’s controversial political activities.
Simultaneously, President Donald Trump’s tariff policy has reportedly already delayed Tesla’s ‘Robotaxi’ plans due to the heightened price and lessened availability of certain components, thus creating some holes in the EV maker’s growth story.
Why 2025 might be the perfect year to buy Lucid stock
Examining LCID shares’ performance, 2025 appears like an ideal time to buy. Though many positive stories have been related to the Lucid stock’s rallies since the year started, it remains 20.03% in the red at its press time price of $2.42.
Furthermore, given just how much LCID has declined since its initial public offering (IPO), there is a compelling case for investors to buy. At the same time, it is relatively cheap ahead of Gravity’s expected more widespread adoption and the likely more important impact of the cheaper 2026 SUV.
On the flip side, caution is important as Lucid has a history of underperforming, while the wider economic circumstances have led some experts to forecast a coming 90% stock market crash.
Featured image via Shutterstock
