Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival Lucid - sources

The talks between privately-held Lucid Motors and PIF underscore the latter's appetite to invest in electric car makers to diversify the oil-rich Middle Eastern kingdom's investment portfolio.A deal with Lucid Motors would also be more in line with PIF's limited resources, given that, despite its $250 billion (196.03 billion pounds)in assets, PIF has already made substantial commitments to other technology companies or investments, including a $45-billion agreement to invest in a giant technolog