The Deal Room: Aston Martin strikes Lucid EV deal & SpaceX tender offer explained
Market Maker
00:00
Aston Martin's Mid-Term Targets
Aston Martin has agreed to pay $232 million in cash and shares to a company called Lucid. Lucid is a US listed electric car company and designer of components that go into electric cars. Aston Martin forecast, it would hit mid-term targets of 500 million pounds of adjusted profits on two billions of revenue by 24, 2025,. saying it would eventually sell 17,000 cars.
Play episode from 11:56
Transcript
