Lucid in talks to raise about $3 billion including from Saudi’s PIF – Bloomberg News

By Syndicated Content May 31, 2023 | 5:08 PM

(Reuters) – Lucid Group Inc is raising about $3 billion, with the majority of the money coming from Saudi Arabia’s Public Investment Fund, Bloomberg News reported on Wednesday.

(Reporting by Kanjyik Ghosh in Bengaluru)