Craig Trudell and Elisabeth Behrmann

Government, Business, Technology, Fuel

EV Maker Lucid Reveals SEC Investigation

Lucid headquarters The Lucid Motors headquarters in Newark, Calif. (David Paul Morris/Bloomberg News)

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.

December 6, 2021