Khosrork Lucid Motors (NASDAQ:LCID) reported a wider-than-expected loss for the second quarter, but the electric-vehicle company secured $1.5 billion in funding from its majority shareholder, Ayar Third Investment Co, which is an affiliate of Public Investment Fund of Saudi Arabia. I think Lucid Motors business model remains fundamentally challenged and I don't see a realistic path to short-term profitable. Though it is obviously a good development for Lucid Motors to see its biggest shareholder extend yet ...