Lucid Motors Secures $750M Funding, Appoints New CEO
Electric vehicle maker Lucid Motors has secured $750 million in new funding, including investments from Uber and Saudi Arabia's Public Investment Fund. The company also announced the appointment of Silvio Napoli as its new CEO.
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Lucid Secures $750 Million in New Funding, Names New CEO - WSJ
Lucid Secures $750 Million in New Funding, Names New CEO WSJ
Read full article →A new CEO and a deal with Uber aren’t enough to lift this EV maker’s struggling stock
The announcement comes amid concerns from investors about Lucid’s ability to stay afloat.
By William Gavin
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