A Lucid Motors Inc. branded Air alpha prototype vehicle sits on display during the 2017 New York International Auto Show (NYIAS) in New York, U.S. (Photographer: Mark Kauzlarich/Bloomberg)

A Tesla Rival’s ‘Funding Secured’ Moment Is an Omen

(Bloomberg Opinion) -- Monday’s big news in electric vehicles: Lucid Motors Inc. secured some funding, and from Saudi Arabia’s sovereign wealth fund, no less. That may sound like a cheap joke at r...

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