Lucid Secures Investment From Uber and Saudi Arabia, Appoints New CEO

Lucid, a luxury electric vehicle manufacturer, secured new investments from Uber and the Saudi Arabian Public Investment Fund and appointed a new CEO. The company has been struggling, and the investments and leadership change are intended to stabilize its business. The stock rose over 4.5% following the announcement.

By PAOLO CONFINO · Yahoo Finance · April 14, 2026, 15:00 UTC

Lucid Secures Investment From Uber and Saudi Arabia, Appoints New CEO

Tickers: $LCID $UBER

Topics: CEO Appointment Investment Lucid Group Stock Movement

Read the full article at Yahoo Finance

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