EV Maker Lucid Hires Firm to Advise on Turnaround
The California-based startup has struggled with sales, quality issues and turnover.
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The California-based startup has struggled with sales, quality issues and turnover.
Humanoid startup LimX raised $200 million in a pre-IPO round that values the company at $2.21 billion. Founder Will Zhang said the technology has reached a point where going public is necessary.
Sweden's Polestar reported a 4% fall in quarterly sales volumes on Thursday, weeks after the EV maker was handed a U.S. market ban starting in the 2027 model year, adding to its ongoing struggles to turn a profit.






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Stocks are cautiously higher midday, as cooler inflation helps investors forget about higher oil prices

Sweden's Polestar reported a 4% fall in quarterly sales volumes on Thursday, weeks after the EV maker was handed a U.S. market ban starting in the 2027 model year, adding to its ongoing struggles to turn a profit.
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