This is the Tesla rival that's wooing the Saudis

This is the Tesla rival that's wooing the Saudis

6 years ago
Anonymous $oIHRkISgaL

http://www.detroitnews.com/story/business/autos/2018/08/20/lucid-motors-saudi-investment/37547575/

It's an electric-car maker. It's in the news. No, it's not Tesla Inc.

Lucid Motors, a startup co-founded 11 years ago by a Silicon Valley veteran, is in the spotlight following news reports over the weekend that Saudi Arabia's sovereign wealth fund would be willing to invest $1 billion in it, possibly as an alternative to playing a key role in taking Tesla private.