Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as part of its second-quarter earnings report that an affiliate of the Saudi sovereign wealth fund is committing another $1.5 billion, with half coming in the form of a private placement and the […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Related Posts

Social Media Marketing

Made in NC: A Guide to 11 Coastal Region North Carolina Wineries

Made in NC: Cheerwine, Krispy Kreme, Mt. Olive, Lance and Texas Pete

5 Ways Offshore Wind Can Boost North Carolina’s Economy

The 24 Best Motivational Speeches Our Employees Have Ever Heard

Leave a Reply