Imagine promoting your business in a small town. You might buy an ad in the newspaper, put up a billboard, and run a spot on the local radio. Because these outlets are independent, you have lower prices and more advertising options.
Lucid Group is set to launch two mass-market vehicles under $50,000 by late 2026 to compete with Tesla's Model 3 and Model Y. With a projected 72% growth in sales by 2025 and 97% by 2026, the Gravity SUV's debut is expected to significantly boost revenue, signifying Lucid's ambitious plans for market expansion.
The US Justice Department has settled a lawsuit contesting HPE's $14 billion acquisition of Juniper Networks, requiring HPE to divest its 'Instant On' division.