![A Lucid electric car at the Consumer Electronics Show in Las Vegas last year. Getty Images](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/FPRKJJW2QCW7ZTDYXDPTQ66EZ4.jpg?smart=true&auth=ac1755cb3ed0bc4efb4bf48bf4a09b994314b538666bb61e0ea697b2abc338fe&width=400&height=225)
A Lucid electric car at the Consumer Electronics Show in Las Vegas last year. Getty Images
A Lucid electric car at the Consumer Electronics Show in Las Vegas last year. Getty Images
Lucid shares surge 90% in 2023 amid reports of buyout from Saudi Arabia's PIF
The kingdom's sovereign wealth fund owns 65% of US-based electric vehicle maker