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Lucid sees 33% revenue jump, Saudi investment of $1.5B 

Affiliate of Saudi PIF previously poured $1B into Lucid  

James Van BramerbyJames Van Bramer
August 6, 2024
in Earnings
Reading Time: 3 mins read
0

EV maker Lucid Motors reported revenue growth in the second quarter and announced a $1.5 billion investment from an affiliate of Saudi Arabia’s Public Investment Fund.   Lucid reported $200.6 million in revenue in Q2, up 32.9% year over year, according to its Aug. 5 earnings report.   Lucid will receive $1.5 billion from Ayar Third […]

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