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Lucid Motors announces plans to cut 400 jobs; here’s what we know
KTVK 3TV Phoenix· 4 days agoElectric vehicle manufacturer Lucid Motors has announced plans to cut about 6% of the workforce, or...
Lucid Plans More Job Cuts, but Is Demand to Blame?
Autoweek via Yahoo News· 5 days ago"The Company estimates that it will incur a total of approximately $21 million to $25 million in charges in connection with the Plan, which consist...
BYD and Toyota new cars puts Tesla, VinFast, Nio stocks on edge | Invezz
Invezz· 4 days agoElectric vehicle stocks have come under intense pressure this year, and the situation could get ugly...
Genesis Will Use Lucid Electric Motors In Its Upcoming Electric Convertible: Report
InsideEVs· 1 day agoThe American startup is the official supplier of front e-motors to Formula E teams, and Aston Martin...
Lucid Motors planning to cut 400 jobs
12 News KPNX· 4 days agoLucid Motors, the electric car manufacturer with a plant in Casa Grande, is planning to reduce its workforce by 6%. According to filings submitted to the...
Bay Area's Lucid Motors to Lay Off 6% of Workforce Amid Cost-Cutting Measures
Hoodline· 3 days agoThe layoffs, said to be completed by the end of the third quarter, come amid efforts to reduce...
Tesla Has 'Lost Its Sense Of Purpose' & Lucid Motors Is Ready To Lead Says CEO
Wccftech· 4 days agoAfter spending a couple of quarters in a tough electric vehicle market that has hurt margins and...
Startups Weekly: Musk raises $6B for AI and the fintech dominoes are falling
TechCrunch· 1 day agoIn a twist that shocks absolutely no one and thrills pyromaniacs who love seeing money burn, Elon...
Bay Area carmaker lays off hundreds after raising $1 billion
San Francisco Chronicle· 3 days agoThe layoff round will cut 6% of Lucid’s staff by the end of October, according to the company’s...
LCID Stock: Lucid Motors Doubles Down on Middle East With Dubai Studio
InvestorPlace· 1 day agoLucid (NASDAQ:LCID) stock is in the spotlight after the pure-play electric vehicle (EV) company...