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Lucid Motors’ CFO is out as its new CEO continues leadership shakeup

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

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Tesla saw a massive sales jump in the second quarter

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The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.

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Rivian raises EV sales forecast as Q2 production ramps up

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The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.

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Trump admin bars Polestar from selling its new EVs in the US

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The Department of Commerce declined to give the Chinese-owned automaker a special authorization to keep selling EVs in the US.

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NTSB launches probe into fatal Texas Tesla crash

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The safety board, known for its thorough investigations, is probing the crash alongside the National Highway Traffic Safety Administration.

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Slate Auto’s radically simple electric truck starts at $24,950

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The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205 miles.

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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

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

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Rivian cuts hundreds of workers after R2 deliveries start

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The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.

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Top Lucid Motors executive departs amid new CEO’s leadership shakeup

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The exec, Emad Dlala, has left just a few months after being promoted to SVP of engineering and digital, TechCrunch has learned.

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Rivian starts deliveries of its all-important R2 SUV

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Founder and CEO RJ Scaringe has called it “maybe the most important thing we’ve launched to date.”

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