Lucid Motors recalls over 4,000 Gravity SUVs citing improperly welded seat belts
The company struggled with quality issues when Gravity production started last year, and the new recall shows it’s not out of the woods yet.
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Lucid Motors names new CEO, lands more money from Uber and Saudis
The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.
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Uber taps Hertz to clean, charge, and fix its Lucid Motors robotaxis
Hertz is creating a new affiliate company called “Oro Mobility” to provide fleet management solutions “across a range of mobility segments.”
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Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
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Top Lucid Motors executive departs amid new CEO’s leadership shake-up
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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TechCrunch Mobility: SpaceX rockets past Tesla
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’ new CEO cuts 18% of staff to ‘simplify the company’
The company is also eliminating a production shift at its Arizona factory to align “production plans with anticipated demand.”
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Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
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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Lucid Motors denies report it’s considering bankruptcy
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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Saudi prince buys 5% stake in Lucid Motors
The investment comes after speculation that Saudi Arabia may take Lucid Motors private — which the EV maker has denied.
