EV startup Lucid is cutting 12% of US employees, according to an email interim CEO Marc Winterhoff sent to employees on ...
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
The company has an investor event looming after closing out 2025 with some sizzling-hot sales numbers.
The next 10 years will be challenging, but Lucid looks capable of rewarding patient investors.
Lucid didn’t specify the total number of job losses or current headcount, but the company had 6,800 employees at the end of 2024, suggesting the cuts are in the hundreds.
As Lucid ramps up production of the Gravity SUV and prepares its upcoming Midsize platform, it cannot afford a vacuum in its manufacturing or quality control departments. The cuts are instead aimed at ...
The cuts will impact 12% of its global workforce, the automaker said Friday in an emailed statement. Lucid didn’t specify the ...
Feb 20 (Reuters) - Lucid has laid off 12% of its U.S. workforce, the company said on Friday, as it seeks to boost ...
Lucid Motors is reducing its workforce by 12% to enhance operational effectiveness and resource optimization, aiming for profitability.
The upside with Lucid and Nio is immense, and tempting for investors, but here's how they differ.
The Lucid Gravity is fast, futuristic, and one of the most thrilling vehicles I've driven. But how does the SUV stack up to its steep competition?
Lucid wants to become a big player, and its mid-size platform will help it do that. Just don’t expect budget models.