Electric vehicle (EV) stock Lucid Group (NASDAQ: LCID) just had its best day in two and a half years. On July 17, Lucid shares rose more than 36%, putting the stock’s total return in 2025 at just under 1%.

While Lucid is likely to give back some of Thursday's large gains, there's little stopping Lucid's stock from climbing higher as deliveries ramp for the Gravity -- especially if the automaker can curb costs and cash burn in the year ahead.