Saudi Prince Alwaleed buys $129.5m stake in Lucid as EV maker seeks confidence boost | The National
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Source: The National (UAE)
Published: 2026-07-29 14:43 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Economy & Finance, Elections, Business & Economy
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Snippet:
Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group, providing a fresh vote of confidence in the electric vehicle manufacturer weeks after it moved to quell speculation over its financial future.
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