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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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Jun 27, 2026 / Tyler Durden
Hezbollah Supporters Block Roads, Encircle Govt Buildings In Beirut Over Israel Deal: 'They Sold Us Out'
Hezbollah Supporters Block Roads, Encircle Govt Buildings In Beirut Over Israel Deal: 'They Sold Us Out'
Mass protests broke out in Beirut on Friday into Saturday, with supporters of Hezbollah voicing their outrage at the Lebanese government having just signed a 'trilateral peace framework' with Israel and the United States, despite the IDF occupation of southern territory and sporadic Israeli bombings persisting.
Hundreds of motorcycle-riding supporters were also seen circling streets through central Beirut, near the parliament building and along airport road. In some cases protesters blocked roads near sensitive government...
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Apr 4, 2026 / Tyler Durden
Library Director Fired After Refusing To Remove Hundreds Of LGBT Books From Kids' Section
Library Director Fired After Refusing To Remove Hundreds Of LGBT Books From Kids' Section
When are these people going to learn to just leave the kids alone?
A Tennessee library board has voted 8-3 to remove its top librarian, Luanne James, after she refused to carry out an order to relocate hundreds of LGBT-themed books, Critical Race Theory (CRT) and feminist propaganda books from the children's section of six Rutherford County branch libraries.
James was initially ordered to relocate books containing far-left ideology from the juvenile/children's sections to the adult sections of libraries. ...
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May 23, 2026 / Tyler Durden
Disney Asks FCC To Declare 'The View' A News Show, Exempt From Equal Time Rule
Disney Asks FCC To Declare 'The View' A News Show, Exempt From Equal Time Rule
Authored by Jill McLaughlin via The Epoch Times (emphasis ours),
Disney is asking the Federal Communications Commission (FCC) to declare the daytime talk show "The View" a "bona fide news" program to bypass the federal equal opportunities law, FCC Commissioner Brendan Carr announced May 22.
Democratic presidential nominee Vice President Kamala Harris (C) chats with the hosts during a commercial break at “The View” in New York on Oct. 8, 2024. From left are Sara Haines, Ana Navarro,...
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