NIO Inc. – Rumoured Saudi Interest in Lucid Motors – What Does It Tell Us About NIO and Tesla?
Follow Antya Investments NIO Inc (NIO US) is coming to the market amidst rumours of PIF, the sovereign wealth fund of Saudi Arabia, investing up to US$1 billion in Lucid Motors, an electric vehicle start-up in California. As per media reports, PIF has also taken a 5% stake in Tesla Motors (TSLA US) and could […]