Tesla Stock Slumps As Saudis Invest In EV Rival


For Tesla competitor Lucid Motors, “funding” is definitely “confirmed”…

Confirming rumors from mid-August, the Saudi Public Investment Fund has confirmed an investment of over $1 billion in Tesla competitor Lucid Motors to enable the commercial launch of their first electric vehicle, Lucid Air, in 2020.

TSLA shares are sliding on the news…

Full Press Release:

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *