LCID Stock Alert: Lucid Pops on Praise of Its Saudi Partnership

Lucid Motors (NASDAQ:LCID) is rising today after announcing a positive update. The electric vehicle (EV) producer has been enjoying an excellent month of steady growth. But today, LCID stock is in the green after CEO and CTO Peter Rawlinson spoke to Bloomberg TV about how Lucid's partnership with Saudi Arabia Public Investment Fund (PIF) is going extremely well. Specifically, he referred to the PIF as the "perfect long-term partner" for his company during its current phase of scaling production. This is exa ...