SEC Subpoenas EV Maker Lucid Motors in Probe of SPAC Deal
Lucid Motors has been subpoenaed by the SEC after closing its SPAC deal with Churchill Capital Corporation earlier this year. The move comes as the government investigates EV makers as they attempt to catch up with industry leader Tesla.
Shirley Li, Staff Writer at The Atlantic, breaks down Paramount and WBD’s $111 billion merger and what it means for Hollywood, streaming and consumers.