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

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

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

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

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

Lucid Group Inc., which manufactures its electric vehicles south of Phoenix in Casa Grande, disclosed its second round of layoffs in roughly four months on Monday, as a new CEO looks to further pare ...

New CEO Silvio Napoli eliminates 1,500 jobs and the COO role as the U.S. EV market cools sharply ...

Lease deals for the 2026 Lucid Air are available this month, and it starts at $649 per month. For the 2026 model year, the Lucid Air is available in four trim levels. There’s a choice of single, dual, ...

It's the company’s second round of layoffs this year.