Tesla Competitors Are Dying
by Brian Wang from NextBigFuture.com on (#6G7TC)
Polestar and Lucid Motors are Tesla EV competitors that are getting short of cash. Lucid Motors had about $4.9 billion in cash and investments at the end of the third quarter of 2023. At the end of the second quarter, Lucid had about $5.5 billion. Lucid raised $3 billion in a June 2023 stock offering ...