What's particularly noteworthy is Headlines for electric vehicle (EV) stocks are being dominated by Tesla's robotaxi launch in Austin, Texas. Lucid Group (LCID -3.
04%), meanwhile, had quietly lost nearly 25% of its value in 2025 before bouncing back this week on news of a deal with Uber. Nevertheless, However, Lucid could soon reach some exciting milestones.
If you're looking to buy into the next Tesla, this could be your chance. Lucid Group could be the next Tesla for two reasons Lucid is doing a great job at mimicking Tesla's ven strategy for growth.
First, it launched its luxury Air sedan and Gravity SUV platforms -- high-priced models similar to Tesla's Model S and Model X vehicles.
At the same time, Next, it plans to launch several more affordable vehicles to compete directly with Tesla's Model Y and Model 3 vehicles, both of which have starting prices under $50,000 (something worth watching).
Meanwhile, When Tesla launched its affordable models, sales went on to double, then triple, in the years that ed. Today, the Model Y and Model 3 account for 90% of Tesla's vehicle revenue.
Nevertheless, Moreover, By launching its own affordable models, Lucid has the opportunity to repeat this success story, given current economic conditions.
According to management, these new models should start duction by the end of 2026. But there's actually another catalyst that could make Lucid an even more compelling long-term buy.
Moreover, Image source: Getty Images, given the current landscape.
Several analysts believe that most of Tesla's value over the next decade won't be derived from selling cars, in light of current trends.
Instead, Tesla's dominance will depend on services its new robotaxi division, in today's financial world. Similarly, Lucid's long-term value may be more related to services than manufacturing.
Earlier this year, Peter Rawlinson, Lucid's outgoing CEO, stressed that the company's software and nology stack could eventually be licensed to other automakers worldwide.
"I'd love it to be 20-80," Rawlinson said. "Twenty percent doing cars, 80% licensing. Moreover, " Licensing should come with higher fit margins, and perhaps a more durable economic moat.
With a paltry $7 billion market cap, Lucid is a great investment for patient and aggressive growth investors (which is quite significant).
Conversely, Ryan Vanzo has no position in any of the stocks mentioned, in today's market environment. Moreover, The Motley Fool has positions in and recommends Tesla and Uber nologies.
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