I expect $Lucid Group Inc(LCID)$ to do well, but not sustainably until the factory expansion is open and the Gravity SUV goes into production late next year. Hopefully you don't have an excessive amount of your portfolio tied up in this speculative stock. Lucid plans to raise more funds by this time next year. They will probably do so as soon as market conditions give them a favorable opportunity to do so. That will mean some level of dillution of share value when it happens. Earnings reports will continue to show losses for the next couple years at least which can hurt share price. Deliveries are likely to increase this year and as long as favorable product reviews keep rolling in that will work to support share price.

Lucid Motors is still in start-up mode. That means there is a very real possibility of failure, which would wipe out share value. LCID is a speculative high-risk potential high-reward stock. Know your risk tolerance. This is not a stock to bet your rent money on.

TLDR: No. Almost no chance of sustainably reaching 49 this year, but volitility may push it there momentarily.