American EV manufacturer Lucid Group, backed by Saudi Arabia's sovereign wealth fund, has appointed Taoufiq Boussaid as its ...

Lucid's survival hinges on Saudi Arabia's financial support, despite its negative cash flows. Find out why I remain bearish ...

The feat highlights Lucid’s role as Saudi Arabia moves to become a key EV production center. In a statement, Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized that Lucid ...

Backing from Saudi Arabia: Along with a compelling product, startup EV companies also need solid financial backing to fund ...

Shares of the electric vehicle start-up Lucid Group ( LCID 2.57%) fell 9.4% this week, according to data from S&P Global ...

Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered prices and offered cheaper financing to drive demand, sending its shares up about ...

Lucid Motors exceeded Q4 2024 delivery expectations but faces challenges in 2025 due to the removal of the EV tax credit.

Considering the long-term resistance level of $10, the stock would need to rally by a massive 240% from the current valuation ...

The stock market offers several opportunities to turn modest investments into fortunes, provided investors make strategic ...

Lucid Group Inc. has officially joined the “Made in Saudi Arabia” program, securing the right to use the program’s logo on its products. The logo symbolizes quality, excellence, and customer ...

Lucid Group has named veteran finance professional Taoufiq Boussaid as its chief financial officer, the electric vehicle ...