Electric vehicle maker Lucid Group announced it’s taking a significant step to reshape operations by laying off about 18 ...

The EV maker is eliminating roughly 1,500 jobs and scrapping a production shift at its Arizona factory, targeting $158 ...

Lucid has also discontinued the second production shift at its manufacturing facility in Casa Grande, Arizona.

Lucid Motors will decrease its U.S. workforce by 1,500 employees in a cost-cutting plan estimated to save $158 million ...

Among those receiving severance will be Marc Winterhoff, Lucid’s COO and previously acting CEO, who took the helm in February ...

Weighing a legacy automaker's cash flow against a luxury EV upstart's rapid growth, this analysis breaks down financials, ...

Lucid's now-former COO, Marc Winterhoff, told Business Insider that the company's robotaxi strategy was designed to be ...

Lucid is laying off 18% of staff (~1,500 jobs) and killing a production shift in Arizona, just four months after a 12% cut, ...

Lackluster sales and an accelerated cash burn are never a recipe for success, and Lucid Motors is finally addressing this by ...

The Spanish-speaking spy community CocheSpias has quickly used the patent drawings of the leaked Lucid Cosmos all-electric ...

Emad Dlala, Lucid's senior vice president of engineering and software, has left the company, TechCrunch reports.

Lucid Motors said Tuesday that it’s no longer sure how many EVs it will build or sell this year, as it navigates a transition to a new CEO and a company-wide cost-cutting push. The company said in ...