Lucid stock Saudi PIF

[WildRide47]

Not happy to read that the Saudi's reduced its stake in Lucid by 6.39%. See below

The PIF sold its full stakes in Pinterest PINS -0.56% ▼ , Linde Plc LIN -1.22% ▼ , Prologis Inc. PLD -0.94% ▼ , and Air Products and Chemicals Inc. APD -1.40% ▼ . It also sold out of Cummins Inc. CMI -1.04% ▼ , BeOne Medicines Inc. ONC -0.69% ▼ , and Avery Dennison Corp. AVY -1.98% ▼ . In addition, it cut its stake in Lucid Group LCID -6.39% ▼ , which stayed in the portfolio but at a lower size. The PIF kept its holdings in Uber Technologies UBER -0.17% ▼ and Electronic Arts EA -0.14% ▼ .

 

[Gravitas]

Even Sugar Daddy needs a breather to recover
I am not concerned. AMP-2 is about to start building it's own Lucids, and not just assembling parts built in AMP-1.

Lucid plays a big part in the Saudis' future industrial and manufacturing plans.

 

[nashvillelucid]

That may just be the amount the value has dropped. I don’t see a record of them actually selling shares?

 

[gaskiller]

Not happy to read that the Saudi's reduced its stake in Lucid by 6.39%. See below

The PIF sold its full stakes in Pinterest PINS -0.56% ▼ , Linde Plc LIN -1.22% ▼ , Prologis Inc. PLD -0.94% ▼ , and Air Products and Chemicals Inc. APD -1.40% ▼ . It also sold out of Cummins Inc. CMI -1.04% ▼ , BeOne Medicines Inc. ONC -0.69% ▼ , and Avery Dennison Corp. AVY -1.98% ▼ . In addition, it cut its stake in Lucid Group LCID -6.39% ▼ , which stayed in the portfolio but at a lower size. The PIF kept its holdings in Uber Technologies UBER -0.17% ▼ and Electronic Arts EA -0.14% ▼ .

Nope, they didn’t. The stock split gives AI the impression that they reduced 10 fold. These AI articles are joke!

 

[Steveinarizona]

Not happy to read that the Saudi's reduced its stake in Lucid by 6.39%. See below

The PIF sold its full stakes in Pinterest PINS -0.56% ▼ , Linde Plc LIN -1.22% ▼ , Prologis Inc. PLD -0.94% ▼ , and Air Products and Chemicals Inc. APD -1.40% ▼ . It also sold out of Cummins Inc. CMI -1.04% ▼ , BeOne Medicines Inc. ONC -0.69% ▼ , and Avery Dennison Corp. AVY -1.98% ▼ . In addition, it cut its stake in Lucid Group LCID -6.39% ▼ , which stayed in the portfolio but at a lower size. The PIF kept its holdings in Uber Technologies UBER -0.17% ▼ and Electronic Arts EA -0.14% ▼ .

The Saudi fund seems to be reorganizing:

https://www.nytimes.com/2025/11/19/business/pif-saudi-arabia-fund-problems.html