Lucid Targets Positive Cash Flow and Unveils Robotaxi
Lucid aims for positive cash flow by the late 2020s and unveiled a new robotaxi concept. Shares dropped 8% amid investor concerns over future financing.
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Lucid Group, Inc. announced on Thursday that it expects to achieve positive cash flow late this decade. During an investor day event in New York, the electric vehicle manufacturer outlined a strategic roadmap focused on more affordable vehicle models and autonomous driving technology.
