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PETER RAWLINSON
Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its...- Lucid CEO says Aston Martin EV tech deal is just the beginningThe U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrat...
- EV startup Lucid to lay off 18% of its workforceLucid, which had about 7,200 employees at the end of last year, will incur between $24 million and $30 million in charges related to the la...
- Tesla's price cuts promise more pain for money-losing US EV startupsTesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but al...
- Biden administration holds EV industry meeting with Tesla's Musk, GM's BarraMusk has often been at odds with the White House, frequently firing off harsh tweets directed at President Joe Biden. In February, Biden pu...
- Rivian, electric vehicle startup, unveils large losses in IPO filingRivian, founded in 2009, makes an upscale truck and a sport utility vehicle, both designed to be driven off-road. “Now, there’s a way to ex...
- Electric-car startup Lucid to follow Tesla into energy storageLucid aims to have a prototype of a commercial system installed at its headquarters by the start of next year that will store power generat...
- Electric-truck maker Rivian hires ex-Tesla exec as top engineerKalayjian replaces Mark Vinnels, who until this week had been Rivian’s executive director of engineering, the person said. Vinnels joined R...
- Electric cars are about to start rolling out of the Arizona desertLucid says it has actually accelerated hiring, adding 120 new employees since mid-March, and is currently advertising 250 open positions.
- Tesla’s 2020 advance blows past 100%, leaving Wall Street in aweTesla rose as much as 24% to $968.99 Tuesday before plunging suddenly in the last few minutes of trading, trimming share prices by more tha...
- Everybody wants to be the next Elon MuskA ground-breaking in Shanghai attended by Tesla Chief Executive Officer Elon Musk last week marked what will become the first factory in th...
- Saudi fund breathes new life into Lucid after going mum on MuskThe transaction clinches long-sought funding that was crucial to Lucid getting its first model, the Air sedan, into production.
- Tesla wannabe is back in spotlight with shot at Saudi investmentLucid Motors, a startup co-founded 11 years ago by a Silicon Valley veteran, is in the spotlight following news reports over the weekend th...
- Ex-Tesla team with new electric vehicle in works missing just one thing: CashThe nascent carmaker unveiled its Air prototype in December and had said it would start production of its all-electric luxury sedan in 2018...
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