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Lucid misses revenue expectations after EV deliveries disappoint
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A recent capital raise has extended the EV maker’s channel by the year 2025. Moreover, the company also said it has begun to ship vehicles to Middle Eastern Countries, including Saudi Arabia. Furthermore, in the previous year, Saudi Arabia’s Ministry of Finance agreed to buy at least 50,000, and up to 100,000, EVs from Lucid over the next decade.
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Lucid misses revenue expectations after EV deliveries disappoint
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