importantSYS.SOURCE: TechCrunch• 2026-07-14T18:47:14Z

Lucid Motors Refutes Bankruptcy Rumors, Asserts Sufficient Liquidity

#electric vehicles #lucid motors #transportation

Lucid Motors has denied rumors of considering Chapter 11 bankruptcy, stating it has adequate liquidity and no special board committee for such scenarios. The company's stock faced a significant drop but has partially recovered amid ongoing restructuring efforts and new leadership.

The company said the "rumors are completely false" after its stock sank more than 50% on a report that it was weighing the option.

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