Lucid names three new executives to drive commercial and financial growth
The hires lead commerce, finance, and global marketing. They will prioritize cost control, product quality, and team culture to stabilize operations.
Latest Lucid Motors News & Updates
See the latest news and media coverage for Lucid. We track all announcements, press releases, and industry mentions in real time, all in one place.
Luxury electric vehicle manufacturer
lucidmotors.com- Headquarters
- Newark, United States
- Founded year
- 2016
- Company type
- Public company
- Number of employees
- 1,000–8,000
- Industry
- Auto & Truck Manufacturers
Last updated
Latest news about Lucid Motors (Lucid)
In short: Lucid appointed Silvio Napoli as CEO, implemented a $1.4 billion cost-cutting plan, and delayed its Cosmos midsize SUV to 2027.
Company announcements
Lucid announces the Gravity GT-S, its most powerful SUV
The Gravity GT-S has 1,070 hp, does 0-60 in 3.1 seconds, and is priced from $125,900.
Lucid files resale prospectus supplement with SEC
Registering up to 55,000 Series C preferred shares, 51,651,489 common shares from conversions, and 24,038,462 common shares. No new shares issued; for contractual obligations to Ayar and SMB. Transfer restrictions apply.
Lucid reports Q2 2026 earnings with revenue growth
Revenue increased 44% to $405 million alongside a transformation framework focusing on cash reduction and robotaxi development.
Media coverage
Lucid only built 18,000 cars last year. Now it's promising 60,000 robotaxis just to survive.
If you want to understand how a bleeding luxury electric vehicle startup attempts to pivot its way out of a financial death spiral, look no...
Lucid Seeks En Banc Review of Fifth Circuit Decision Upholding Texas Direct Sales Ban
Johnston in a decision following a line of Fifth Circuit cases dating back more than 20 years...
Lucid shares rise after operational review targets profitability
Shares jumped as CEO announced the conclusion of an operational review led by AlixPartners, highlighting a clearer path to improved cash flow and profitability.
Lucid saved $1.4B, but Cosmos delay and staff departures raise serious questions
Lucid cut $1.4B in cash burn, but Cosmos is delayed to 2027 and key staff keep leaving amid ongoing financial losses.
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