Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud reduced his beneficial ownership in Lucid Group to 4.95%.
An August 13, 2026, regulatory filing disclosed the amended passive investment position. This represents a notable decrease in the investor's stake in the electric vehicle manufacturer.
The filing is based on the number of shares outstanding as of July 29, 2026. No reason for the reduction was provided in the report.