Saudi Arabia's PIF first invested $1.3 billion in Lucid in 2018, and it now owns around 65% of the shares today. The fund also bought 41 million shares ofThe fund has not publicly confirmed if it will buy the remaining shares of Lucid.
Previously, Lucid's stock price slid 76% from its all-time-high of $55.21 in late 2021, mirroring the decline in other tech and EV stocks due to rising inflation and aggressive rate hikes from the Fed., which is putting pressure on other EV firms to lower prices.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
Would be a good move for the Saudi’s.