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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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Jun 16, 2026 / Tyler Durden
US Residential Solar Installations Set To Stall For Years As Market Hits Wall
US Residential Solar Installations Set To Stall For Years As Market Hits Wall
Residential solar in the US is actively cratering after President Trump's One Big Beautiful Bill resulted in the sunsetting of a key tax credit for homeowners last year - which will result in a prolonged slump in installations, according to Bloomberg New Energy Finance (BNEF).
"The market is not expected to recover to the record levels of 2023 anytime in the next decade," according to the report.
The downturn is widespread - with installers nationwide reporting steep drops in new rooftop...
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Jun 16, 2026 / Tyler Durden
SPLC Official Shared Bank Accounts With Neo-Nazi Informant
SPLC Official Shared Bank Accounts With Neo-Nazi Informant
Authored by Ken Silva via Headline USA,
The New York Post reported on Tuesday the identity of the Southern Poverty Law Center official who, according to court records, was in a relationship with one of the SPLC’s paid neo-Nazi informants.
According to the Post, the SPLC official is Heidi Beirich, who was the group’s director of intelligence between 2012 and 2019. The Post noted that the “Employee-2” named in the Justice Department’s indictment matches Beirich’s profile.
“One figure, referred to as ‘Employee-2’ in the indictment is described as a ‘person...
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Jul 9, 2026 / Jason Ditz
Lebanese Government Remains Split on Israel Deal, Hezbollah Predicts It Will Fail
High-profile protests over the Israel-Lebanon framework agreement reached late last month were initially dismissed by officials as primarily Hezbollah playing a spoiler, but substantial political opposition continues over what is being termed an “unenforceable” and potentially unconstitutional agreement. Hezbollah leader Naim Qassem is now predicting that framework agreement will totally fail to get parliamentary support, […]
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