Will Saudis’ $1.5B cash infusion help Lucid compete with Tesla?

A picture taken on July 14, 2022, ahead of a visit by the United States president to Saudi Arabia, shows hostesses in a car manufactured by US electric vehicle maker Lucid Group.

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Will Saudis’ $1.5B cash infusion help Lucid compete with Tesla?

Subscribe for less than $9/month to access this story and all Al-Monitor reporting.