Lucid Motors doesn’t currently pay a stock dividend because the company is scaling up production and reinvesting in new factories. Most tech startups avoid paying a dividend in the early stages of growth to save capital and keep the company lean.
It’s possible that Lucid Motors may pay a dividend in the future once the company is more mature. The entire EV industry is a new industry so don’t expect any EV startups to pay a dividend anytime soon.
Tesla might pay a dividend in the future because the company is already profitable and generates a ton of net income and free cash flow.