Key Takeaways Lucid Group announced it would be selling approximately 637 million shares in a public offering and to its largest shareholder. The struggling electric vehicle maker said the money raised would be used for general corporate purposes, which may include capital expenditures and working capital. Lucid also reported that it anticipates a third-quarter loss greater than analysts' forecasts. Shares of Lucid Group (LCID) plunged Thursday as the struggling luxury electric vehicle (EV) maker announced ...