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Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery
Lucid Calls Bankruptcy Report "Completely False" As Shares Stage V-Shaped Recovery
Summary:
Lucid Exec Calls Bankruptcy Report 'Fake News'
Lucid Reponds, Denies AlixPartners Has Recommended Bankruptcy Route
Lucid Crashes On Report It's Weighing A Take-Private Or Bankruptcy
Lucid PR Head Calls Report "Completely False"
Nick Twork, Lucid's chief communications officer, took to X in late-afternoon trading to deny Electric-Vehicles.com's report about a potential bankruptcy, stating that the "company has sufficient liquidity to carry its operations well into next year, as recently published in its last quarterly filings, and it has not formed any special board committee...
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Sep 25, 2026 / Tyler Durden
Ford v. Hyundai: Henry Ford Must Be Turning In His Grave After New Report
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South Korea's Hyundai Motor Group is on track to surpass 123-year-old Ford Motor in third-quarter US deliveries (a first ever) as consumers shift toward smaller, more fuel-efficient vehicles. The shift comes as Ford is plagued by the fallout from its costly EV strategy and production constraints affecting its light- or medium-duty truck unit.
Henry Ford must be turning in his grave.
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Nov 10, 2026 / Tyler Durden
Moscow's Statistics Agency Was Wiped Out By Hackers - Who Posted 'Official' Death Toll From War
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Two hacker groups say death records stolen from Russia's federal statistics agency show between 393,881 and 450,100 people killed in the war in Ukraine, a total well above anything Moscow has acknowledged since it stopped publishing military losses in September 2022. The Belarusian Cyber Partisans put the figure at 393,881 as of Aug. 27, while the pro-Ukrainian group Silent Crow says 450,100.1/7 Our @ROSSTAT hack revealed Russia's killed in action. A minimum of 393,881...
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Jun 3, 2026 / Kyle Anzalone
Netanyahu: Trump Greatest Friend Israel Ever Had in the White House
Amid reports of a rift between Benjamin Netanyahu and Donald Trump, the Israeli leader said the current President is the “greatest friend that Israel has ever had in the White House.” When asked about a recent report in Axios that described a tense call between Netanyahu and Trump, the Israeli leader told CNBC News on […]
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