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Saudi Arabia owns more than half of Lucid Motors

A new lawsuit against Lucid Motors has revealed that the California EV startup gave up majority ownership to Saudi Arabia in exchange for the Kingdom’s $1 billion investment. Lucid Motors took the deal in 2018 when it was strapped for cash, and it was announced weeks before the assassination of journalist Jamal Khashoggi.

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Who Actually Owns Lucid

Who Actually Owns Lucid
247wallst.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 247wallst.com Daily Mail and Mail on Sunday newspapers.

Elon muskBernard tseSam wengJustin sullivan gettySheaupyng linPeter rawlinsonStock editorialVehicle maker lucid plans to layoffIts workforceJustin sullivanGetty images newsVice presidentSilicon valleyWill lucidStock getGetty images

Why The Lucid Gravity Is A Threat To Every Other Electric SUV

Why The Lucid Gravity Is A Threat To Every Other Electric SUV
topspeed.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from topspeed.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaSheaupyng linSam wengDerek jenkinsBernard tsePublic investment fundPilot panelLucid motorsTesla motors vice presidentLucid airLucid motorThrill seeking symphony of power andLucid gravityPerformance and efficiency to offerModest range and fast chargingZero gravity

Lucid Motors Looks to Grow Its BEV Tech Supply Business

Lucid Motors Looks to Grow Its BEV Tech Supply Business
wardsauto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wardsauto.com Daily Mail and Mail on Sunday newspapers.

Bernard tseAston martin lagondaSam wengAston martinShequpyng linPeter rawlinsonCasa grandeLucid groupLucid motorsTesla motors vice president sam wengLucid air

Aston Martin Taps Lucid Motors for BEV Technology

Upcoming Aston Martin models will draw on electric drivetrain and battery technology developed and produced by Lucid Motors.

Saudi arabiaSam wengRoberto fedeliAston martinAston martin lagondaTesla motorsSaudi arabia public investment fundCalifornia based lucid motorsLucid motorsAston martin lagonda chairman lawrence strollMartin lagondaPublic investment