EVsJalopnikabout 1 hour ago
Lucid Denies Bankruptcy or Buyout Rumors
1 min read
Lucid Motors denied reports that its board is considering Chapter 11 bankruptcy or selling to a private buyer. Chief communications officer Nick Twork called the rumors completely false, stating the company has sufficient liquidity into next year. Lucid hired AlixPartners for operational improvements, not bankruptcy advice.
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