The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking ...

General Motors posts steady profits and invests in new tech, while Lucid pursues rapid growth with a key Saudi contract but ...

The 2022 Lucid Air was a six-figure luxury sedan. Now, a brutal depreciation drop has made this high-end electric vehicle the ...

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand.

Lucid replaced its CFO and hired four other new executives on Thursday, weeks after cutting 18 percent of its workforce under new CEO Silvio Napoli.

Lucid Group has cut 18% of its US workforce and eliminated the COO role, aiming to streamline operations and improve ...

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

Lucid Motors’ CFO Taoufiq Boussaid is leaving as new CEO Silvio Napoli restructures the company, hiring five new executives ...

The Lucid Air Sapphire weighs more than some trucks, but the EV showed that it has real performance chops.

Lucid is cutting 1,500 jobs and eliminating its second factory shift four months after a prior 12% cut, as new CEO Silvio Napoli restructures the EV maker.

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