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The bloodbath in electric vehicle (EV) stocks has only worsened in 2024, and last week, Lucid Motors (LCID) stock fell to an all-time low of $2.54 before rebounding slightly. It wouldn’t be fair to single out LCID, though; the sell-off has been broad-based, and even Tesla (TSLA) shares are down 13% YTD. The sell-off in EV stocks comes at a time when the S&P 500 Index ($SPX) has soared to a record high, and the tech-heavy Nasdaq-100 Index ($IUXX) also closed at a record high last week. Is Lucid Motors a growth stock worth buying after the dip? We’ll explore in this article. Why Is LCID Stock Dr…

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