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Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund

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EXECUTIVE SUMMARY

The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.

Key Takeaways

  • Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund.
  • The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.
  • The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.

The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.

Share:WhatsAppFacebookX (Twitter)Telegram

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Published originally on CNBC Business

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