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Saudi fund may invest more than USD 1 billion in Tesla rival Lucid Motors
Saudi Arabia's sovereign wealth fund, called PIF, is reported to be in talks to invest in electric-car startup Lucid Motors Inc.
The report said after an initial USD 500 million investment, PIF could eventually invest more than USD 1 billion in two later installments as performance goals are reached.
The billion-doll....
The report said after an initial USD 500 million investment, PIF could eventually invest more than USD 1 billion in two later installments as performance goals are reached.
The billion-doll....
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