Lucid Motors pads liquidity as car reservations roll in

Electric OEM logged over 17,000 registrations as of Nov. 15

Lucid Motors is flush with capital on the heels of its SPAC offering as reservations for its Air model continue to roll in. Cash and cash equivalents clocked in at $4.7 billion, up from $614 million as of year-end 2020, according to the company’s third-quarter earnings report, its first since going public through a reverse […]

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