The Deal Room: Aston Martin strikes Lucid EV deal & SpaceX tender offer explained
Market Maker
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The Subscale Company's Strategy for Scaling Up
Lucid, the electric vehicle manufacturer that's trying to scale up, it's remember Tesla back in 2011, 2012, when they were just using 10, 20,000 cars a year. Lucid lost 1.3 billion dollars of revenues of just $608 million in 2022. Aston Martin have struck a deal to basically future proof itself by outsourcing critical parts of its technology - not unusual for smaller car manufacturers.
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