Lucid: Potential Takeover In The Making


  • EV maker Lucid might be acquired by its majority shareholder, Saudi Arabia’s Public Investment Fund.
  • Acquisition might be likely given Saudi Arabia’s push into the electric vehicle space and the already existing cooperation with Lucid.
  • Meanwhile, Lucid’s management and minority shareholders could accept a takeover bid given the business’ ongoing cash burn and likely prolonged timeline until profitability.
  • There seems to be substantial upside here if both sides can come to terms on a transaction.

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David Becker

Lucid Group (NASDAQ:LCID) is a $22bn market cap EV manufacturer, focusing on the luxury car segment. Recently, reports appeared that the company might be an acquisition target of the Public Investment Fund (or PIF). PIF is Saudi Arabia’s







Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in LCID over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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