EconomyLucid’s bankruptcy rumor is a bad sign for the EV future

Lucid Motors faced a difficult week as it pushed back against bankruptcy rumors while its stock price plunged. The company quickly rejected the report, calling it “completely false.” Lucid pointed to its available free cash flow as evidence that it has enough runway to keep operating into next year. Even so, the episode casts an unfavorable light on the future of electric vehicles.

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TThe Verge★★☆☆☆2026-07-15 17:17Original