Lucid (LCID) shares are soaring in after-hours trading after reporting better-than-expected second quarter revenue. The EV maker also announced it has received a $1.5 billion commitment from the Public Investment Fund, Saudi Arabia's sovereign wealth fund.
NEWS: Lucid lost about $328,000 for every vehicle that they delivered in Q2 2024.
This compares to $347,000 in Q1 2024.
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