Lucid's 29% Bounce: A Stress Test for EV Startup Resilience
Lucid's stock leaped 29% after CEO Silvio Napoli shot down bankruptcy rumors, offering a masterclass in startup crisis communication. But the episode also exposes the deep fragility of capital-intensive EV ventures reliant on sovereign backing, as institutional investors quietly retreat ahead of crucial Q2 earnings.
Source: insidermonkey.com · finance.yahoo.com