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Lucid Names CEO as Saudi PIF, Uber Commit Another $750 Million

Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest backers, moves to shore up its operations as the electric-vehicle maker approaches a crucial production stretch.

This article was originally published by Bloomberg Markets and is republished here under license.

Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest backers, moves to shore up its operations as the electric-vehicle maker approaches a crucial production stretch.

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