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Lucid appoints new CEO, secures $550M investment, and expands Uber deal.
Lucid Motors appointed Silvio Napoli as its new CEO to boost production and sales.
The company expanded its partnership with Uber, which committed to buying at least 35,000 vehicles for its robotaxi service and investing an additional $200 million.
Lucid also secured a $550 million investment from a Saudi Arabia affiliate and priced a $300 million stock offering, raising its total funding to about $1.05 billion.
Shares rose in pre-market trading following the announcements.
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Lucid nombra a un nuevo CEO, asegura una inversión de $550M, y expande el acuerdo de Uber.