Can’t decide between Tesla (TSLA) or Lucid (LCID) Stock? Here’s a side by side comparison to help you decide which is the best investment for your portfolio.

Tesla (TSLA) vs Lucid (LCID) Overview

	Tesla	Lucid
Price	196.81	$11.57
Market Cap	616.7B	20.1B
Founded	2003	2007
Employees	127,855	3,900
Annual EVs Deliveries	1.3 million	4,379
Annual Revenue	$81 billion	N/A
Net Income (EPS)	$12.58 billion	N/A
Free Cash Flow (FCF)	$7.5 billion	N/A
Cash on Balance Sheet	$22 billion	$4 billion

Market Share

Tesla has a 65% EV market share in the United States due to its massive size in comparison to Lucid Motors.

However, more competitors are producing EVs now and that number continues to fall.

Lucid produced just over 7,000 EVs in 2022 and plans to build a production factory in Saudi Arabia to expand in the middle east. Lucid’s market share is currently less than 1% of the entire EV market so Tesla is dominating them in terms of market share.

Winner: Tesla

Business Model

Tesla is one of the most profitable companies in the world right now with annual net income exceeding big tech giants such as Amazon. The company sells EVs, solar panels, and battery packs to its customers with industry leading operating and profit margins. Tesla CEO Elon Musk worked tirelessly to save the company from bankruptcy several times and helped Tesla become profitable in 2020.

Lucid is a much smaller company that focuses on selling 1 product right now, the Lucid Air electric car. The company has plans for an energy storage business in the future along with other EV products.

While Tesla is a major cash cow, Lucid is suffering massive losses and facing potential bankrtupcies risk if the company cannot turn a profit.

Winner: Tesla

Electric Car Product Design and Range

The Tesla Model S Plaid is the highest end EV offered by Tesla but doesn’t match up to the Lucid Air Sapphire.

	Tesla Model S Plaid	Lucid Air Sapphire
Price	$135,990	$249,900
Range	395 miles	410 miles
0 to 60	1.99 seconds	1.95 seconds
Top Speed	200 mph	205 mph
Peak Power	1,020 hp	1,200 hp

According to MotorTrend, the Lucid Air Sapphire is the most powerful EV on the planet so I’ll give the edge to Lucid.

Winner: Lucid

Production and Deliveries

Tesla delivered 1.3 million EVs in 2022 while Lucid delivered just over 3,000. It’s obvious that Tesla is way more productive than Lucid and should continue to be for the rest of the decade.

Winner: Tesla

Management Team

Tesla CEO Elon Musk leads a brilliant team of engineers that have exceeded most investors wildest dreams. The company continues to excel and produce vehicles even though demand is 2x the current production capabilities.

Lucid CEO Peter Rawlinson is a former employee of Tesla and helped design the Tesla model Y. He brings a wealth of experience to the Lucid engineering team and helped develop the world’s fastest and longest range EV, the Lucid Air.

Winner: Tesla

Fundamental Analysis

Tesla is a member of the S&P 500 and currently generates nearly $81 billion in annual revenue. The company is profitable and has a massive FCF of over $7.5 billion. With a healthy balance sheet of $22 billion in cash, Tesla can do many things like invest in new products, buy back Tesla stock, or even pay a dividend in the future.

On the other hand, Lucid is still scaling production and has a negative cash burn rate. Lucid could face bankruptcy if it isn’t able to lower its cost of production and scale revenue soon.

Winner: Tesla

Final Verdict

Tesla is one of the best stocks to own right now and it’s hard to bet against them considering TSLA’s strong financial position and huge production/delivery goals.

Lucid is a much smaller company with lots of room to grow in the future. The Lucid Air is a superior product but there could be capital issues moving forward.

Tesla is the safest pick of the two with plenty of upside while Lucid has more risk yet higher potential gains for investors.

I’ll go with Tesla for now especially since the Saudi PIF will try to take Lucid private in my opinion.