Lucid CEO Peter Rawlinson said on Monday that a stock sale announced last week will provide the electric luxury sedan maker with a 'cash runway well into...
DETROIT - Lucid CEO Peter Rawlinson said on Monday that a stock sale announced last week will provide the electric luxury sedan maker with a "cash runway well into 2026."
Rawlinson said in an interview on the sidelines of a Reuters Next event that the stock sale, which raised about $1.67 billion, "serves to support the future of the company long term" as it prepares to begin building its Gravity SUV in the coming months.Rachel Reeves’ plan to increase National Insurance contributions for employers will cost the taxpayer an extra £3.6 billion a year, the Conservatives have said.McDonald’s Corp.
From Prince George and Princess Charlotte to Billy Joel's daughters Della Rose and Remy Anne, see all the kids who've met Taylor Swift with their famous moms and dadsFormer President Donald Trump showed off a McDonald’s fry cook pin given to him as he surveyed hurricane damage in North Carolina. Trump was in Swannanoa, North Carolina on Monday, which was devastated by floods from Hurricane Helene.
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