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Lucid Motors denies report it’s considering bankruptcy

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The company said the “rumors are completely false” after its stock sank more than 50% on a report that it was weighing the option.

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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.

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

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.”

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

TechCrunch Mobility: SpaceX rockets past Tesla

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Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.

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Lucid Motors doesn’t know how many EVs it will build this year

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Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.

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Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis

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Hertz is creating a new affiliate company called “Oro Mobility” to provide fleet management solutions “across a range of mobility segments.”

Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis Read More »

Lucid Motors names new CEO, lands more money from Uber and Saudis

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The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.

Lucid Motors names new CEO, lands more money from Uber and Saudis Read More »

TechCrunch Mobility: Travis Kalanick’s return proves it really is 2016 again

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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.

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Lucid Motors shows off robotaxi concept called ‘Lunar’

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The concept was a highlight of Lucid’s investor day, in which the company detailed its ambitions to push deeper into autonomy while pumping out new, affordable EVs.

Lucid Motors shows off robotaxi concept called ‘Lunar’ Read More »

Lucid Motors ships Apple CarPlay and Android Auto to Gravity SUV owners

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The update comes after a rocky first few months of software problems on the electric SUV.

Lucid Motors ships Apple CarPlay and Android Auto to Gravity SUV owners Read More »