Lucid Group Inc. is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled electric carmaker with a needed lifeline.
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Could Investing $15,000 in Lucid Stock Make You a Millionaire? | The Motley FoolLucid is being removed from the Nasdaq 100 IndexLucid Group, Inc. (LCID) Stock Forecast & Price Prediction 2025, 2030 | CoinCodexFinancial Struggles of Lucid, Workhorse, and Canoo...The new financing from Ayar Third Investment Co. is in the form of a private placement for convertible preferred stock and will be used in part for capital expenditure and as working capital, the company said Monday in a statement.
