Once touted as a rival to electric-car giant Tesla, rival start-up Lucid Motors is on track for another horror financial year after failing to reach its sales targets and losing billions of dollars.
US electric-car start-up Lucid is losing almost $US340,000 – equivalent to more than $535,000 in Australian currency – on every vehicle which rolls off its production line, according to overseas reports.
As reported by Bloomberg, Lucid Motors – which began…
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