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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 Musk , Bernard Tse , Sam Weng , Justin Sullivan Getty , Sheaupyng Lin , Peter Rawlinson , Stock Editorial , Vehicle Maker Lucid Plans To Layoff , Its Workforce , Justin Sullivan , Getty Images News , Vice President , Silicon Valley , Will Lucid , Stock Get , Getty Images ,

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 Tse , Aston Martin Lagonda , Sam Weng , Aston Martin , Shequpyng Lin , Peter Rawlinson , Casa Grande , Lucid Group , Lucid Motors , Tesla Motors Vice President Sam Weng , Lucid Air ,