Transportation
Lucid Unveils Turnaround Plan Built on $1.4 Billion Savings and Robotaxis
Lucid Motors has outlined a turnaround strategy centred on $1.4 billion in cash savings, robotaxis, its Saudi factory and a delayed mid-size EV.
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Lucid Motors has outlined a turnaround strategy centred on $1.4 billion in cash savings, robotaxis, its Saudi factory and a delayed mid-size EV.
Saudi billionaire Prince Al Waleed bin Talal has acquired a 5% stake in Lucid Motors, adding to Saudi Arabia’s substantial investment in the US electric vehicle maker.
A UK court has awarded more than £3 million to Saudi satirist Ghanem Al-Masarir after finding his phone was hacked using Pegasus spyware.
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