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2 mins read
Tesla rival Lucid says it may need to raise prices on future EV models amid supply chain, inflation pressure
Lucid is looking at raising prices on future models, CEO Peter Rawlinson told Reuters at SWSX
Gabrielle Bienasz
2 mins read
Lucid executives say the company's stock has a long way to go but the EV maker could soon be valued like incumbent rivals
Lucid's market cap is roughly $87 billion as of Tuesday noon, surpassing Ford's $79 but still far b…
Isabelle Lee
1 min read
Lucid Motors' first car, a $169,000 electric sedan, is MotorTrend's Car of the Year
The electric vehicle startup just made history as the first company to win the coveted automotive a…
Tim Levin
7 mins read
2023 will be critical for Lucid's bid to one-up Tesla and it will have to overcome its production constraints and a sinking stock price
Lucid's challenging 2022 means it has work cut out for it in order to take market share from Elon M…
Alexa St. John
3 mins read
Lucid's CEO says he has 'more advanced technology than Tesla,' and wants to use it to lower the price of EVs
The idea of automakers sharing technology and engineering is not new. But it cuts down on costs, wh…
Kristen Lee
2 mins read
Lucid CEO says Tesla is 'losing its way'
Lucid CEO Peter Rawlinson said there's a "clear distraction" from Tesla's leadership, apparently al…
Grace Kay
2 mins read
Lucid CEO says Chinese automakers are still 'years and years behind' Elon Musk's Tesla
Peter Rawlinson said Western car companies should not underestimate the ability of Chinese EV rival…
Tom Carter
3 mins read
Middle East wealth funds are scrambling to rescue their big bets on the future
The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …
Hasan Chowdhury
2 mins read
'It's just a plug': A rival EV CEO isn't sold on Tesla's charging tech even as giants like Ford and GM sign on
"What we're really comparing is, is it a screw cap or is it a cork on the bottle, not the quality o…
Alexa St. John
2 mins read
Elon Musk jabs at Lucid after its CEO raked in $379 million of total compensation last year
Elon Musk rang the alarm on companies that don't tie pay to performance, even though he and Lucid's…
Theron Mohamed
2 mins read
EV startup Lucid plans to lay off hundreds of workers at every level of the company, leaked memo says
In an all-hands meeting and email to staff, Lucid said the layoffs would begin over the next three …
Alexa St. John
2 mins read
EV startup Lucid is losing over $500,000 for every car it sells
Lucid is losing money on every electric car it delivers amid a brutal market for newer competitors.
Nora Naughton
5 mins read
Lucid owners are reporting glitches like bricking and cars driving the wrong way just as the EV startup gets production under control
Insiders and Lucid vehicle owners describe a rocky road with the EV startup's software and electron…
Alexa St. John
1 min read
Lucid sinks 11% as the EV maker slashes production forecast to as low as 6,000 vehicles on supply chain disarray
"We've identified the primary bottlenecks, and we are taking appropriate measures," Lucid said in o…
Carla Mozée
2 mins read
Tesla rival Lucid's stock slides 15% after it says it'll make fewer electric cars than expected this year
Demand for Lucid's luxury electric cars is has taken a hit as rival Tesla's grows thanks to its agg…
George Glover
2 mins read
See the electric Lucid Gravity SUV, a Tesla rival that will have 7 seats and more range than any competitor
EV startup Lucid says its new three-row SUV will be a "supercar in disguise." Reservations open in …
Tim Levin
1 min read
Lucid Motors spikes 20% in public debut as CEO says it's well-positioned to compete with Tesla
Lucid expects to deliver less than 1,000 of its Lucid Air model in 2021, and about 20,000 vehicles …
Matthew Fox
2 mins read
Lucid's slow deliveries, cancelled orders, and increasing competition are 'red flags,' experts say
Lucid sounded the alarm on customer demand during ots earnings call on Wednesday, and said it needs…
Alexa St. John
2 mins read
The direct-to-consumer sales model Rivian and Lucid tout as a key unlock could hamstring them in booking revenue — while Ford and GM reap the benefits of working with dealers
Rivian and Lucid want to forgo dealers and deliver their vehicles directly to customers. That's a p…
Nora Naughton,Alexa St. John
2 mins read
We're looking for the rising stars of the electric-vehicle industry — here's how to nominate yourself or someone you know
Insider is looking for 2022's rising stars of the electric vehicle industry. Here's how to nominate…