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Markets

Down 99%, popular EV stock is ripe bankruptcy candidate

TST (Full) - (Official Feed) · 1h ago · 🇸🇦 Saudi Arabia

Down 99%, popular EV stock is ripe bankruptcy candidate

Electric vehicles were supposed to be the future of the auto industry. For one Saudi-backed automaker, the future is starting to look a lot like a balance sheet crisis. Lucid Group has burned through billions of dollars in cash, missed delivery targets, and just replaced most of its executive ...

Read the full story at TST (Full) - (Official Feed) →

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