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Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Shares of struggling EV maker Lucid plunged as much as 49% after auto-industry news website Electric-Vehicles.com reported that the company is working with restructuring adviser AlixPartners to evaluate strategic options, including a potential take-private transaction or a Chapter 11 bankruptcy filing.
Lucid (LCID) considering going private or chapter 11, according to https://t.co/lDDwzdDPdL
LUCID DOWN 45%
— zerohedge (@zerohedge) July 14, 2026
Lucid EV
Here's more from the report:
According to the sources who spoke on condition of anonymity because the review is strictly confidential, AlixPartners is...
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Iran Rejects US Proposed Ceasefire, Counters With 5 Conditions For Ending War, As US Troops En Route
Iran Rejects US Proposed Ceasefire, Counters With 5 Conditions For Ending War, As US Troops En Route
Summary
Iran Does Not Accept Ceasefire, Issues 5 Conditions, Says US Talks Illogical. The statement says that talks are not viable in current conditions, oil rising.
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Iran is tightening control of Hormuz, demanding detailed ship data and in some cases large fees for passage.
Iran continues to say it is ready for long war, monitors US troop movements: Parliament Speaker...
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