Lucid Motors begins hiring, lays groundwork to make luxury electric sedans in Casa Grande

And, he says, they'll make money doing it. General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at "very average transaction prices" and be.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Electric carmaker Lucid Motors on Tuesday named Peter Rawlinson, former chief engineer of Tesla Inc's Model S, as its chief executive officer, effective immediately......»»

General Motors plans to spend $300 million to build a new electric car north of Detroit. It will add about 4.....»»

BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership Tuesday to produce electric MINI vehicles in China as global automakers ramp up development under pressure from Beijing.         .....»»

On Tuesday, Elon Musk tweeted that he was considering taking Tesla Motors (NASDAQ: TSLA) private at $420 per share, an overall valuation of $82B, which would make the electric car maker the most valuable private company in the world. read more.....»»

Business Insider/Justin Gmoser Saudi Arabia's sovereign wealth fund is in talks to invest in Californian electric car maker Lucid Motors. L.....»»

Joshua Lott/Getty Saudi Arabia has been in talks with the electric-car maker Lucid Motors, Reuters reported Monday. JPMorgan cut its price target for Tesla to.....»»

Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles......»»

Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla ......»»

The promising electric-vehicle startup now has a crucial $1 billion incoming......»»

German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier......»»

Lucid Motors, the Bay Area electric car start.....»»

Lucid Motors Inc. said Monday that it's getting a $1 billion investment from Public Investment Fund of Saudi Arabia (PIF) to help it produce its first electric cars it plans to roll out in competition with Tesla Inc. The Saudi fund is the same one .....»»

The move by the electric car rival of Tesla Motors comes on the heels of a $1 billion investment it got in September from Saudi Arabia......»»

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a stagnant market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles......»»

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles......»»

General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles......»»

General Motors said Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles......»»

General Motors said Monday it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles......»»