Saudi Arabia's stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says

Saudi Arabia's stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says

Lucid AirLucid <ul><li>Saudi Arabia's sovereign fund has a 60% stake in Lucid Motors, an EV startup.</li><li>Months after the company went public, the stake was valued at more than $55B, per Bloombe… [+1969 chars]

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