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Lucid names new CEO as it raises over $1 billion and ramps up robotaxi ambitions

Electrek

Lucid Motors is peppering the public with press releases this morning, sharing a slew of exciting updates. In addition to naming its next CEO, Lucid has confirmed a new funding raise totaling over 1 billion dollars, consisting of a registered public offering of common stock, plus increased investments from existing partners like Uber. Read more…

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