2024-01-05 22:27:02
The stock of Lucid Company, in which the Saudi Investment Fund owns a majority stake and which specializes in the manufacture of luxury electric cars, continues to collapse to very low levels, and the stock closed this week at a low price.
The company’s shares closed today, Friday, January 6, 2024, at a price of $3.78 per share, reaching near its lowest historical levels.
Read also: How is the employer’s approval from the Social Development Bank obtained? Is it possible to host more than one Sudanese pilgrim? The case ended in retribution | The Ministry of Interior announces the implementation of the ruling in Tabuk and Riyadh. “Statement and details” How do I change the profession through Absher 2024 and what are the conditions for changing the profession through Absher?
The company, which specializes in luxury electric cars, announced an economical car priced at 50,000 US dollars, expected to be produced in 2025, aiming to compete with Tesla cars, but this announcement did not stop the stock’s ongoing collapse.
Company President Peter Rawlinson says: “We seek to produce vehicles at reduced prices that compete with Tesla vehicles – the Model 3 and Model Y.”
Lucid faced major challenges, its stock collapsed to very low levels, and it faced weak sales and major problems.
Read also
-
How do I know a prisoner’s sentence? Inquiry regarding a prisoner in Saudi Arabia by ID number
-
Hitachi Energy | 28 new job vacancies… in these cities
-
How do I view issues from Absher? Detailed inquiry regarding cases in Saudi Arabia using the residence number and identity card
-
Dr. Khaled Al-Nimr: Excessive consumption of dates is a reason for not controlling diabetes
- The price and specifications of the new Samsung Galaxy S23 Ultra in the market
- The Saudi Ministry of Health offers vacancies for more than 30,000 employees!! Apply now from here
- Providing 1,000 jobs during the Digital Technical College recruitment forum in Riyadh
1704495732
#Lucid #shares #owned #Saudi #Investment #Fund #collapse #reach #price
