December 24, 2024

EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages

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EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages

 

Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.