https://www.cnet.com/roadshow/news/saudi-arabia-pif-lucid-motors-investment-report/

Saudi Arabia's sovereign wealth fund, PIF, recently made headlines when Elon Musk said they would potentially provide the funding to take Tesla private. But they might be considering a separate investment with a different EV startup, too.

PIF is considering an investment in Lucid Motors, a privately held EV startup, Reuters reports, citing people familiar with the matter. Neither PIF nor Lucid Motors immediately returned requests for comment.