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At Close: Jun 23, 2026
Tesla rival Lucid plans layoffs, as manufacturing and production challenges mount for EV startups
06:34am, Wednesday, 29'th Mar 2023
In this edition: EV startup Lucid plans layoffs, Meta continues its year of efficiency, and Disney abandons its metaverse plans.
Lucid to axe fifth of workforce to reduce costs
04:47am, Wednesday, 29'th Mar 2023
Lucid, the electric vehicle (EV) rival to Tesla, said it plans to cut 1,300 jobs as part of larger restructuring efforts to reduce costs. In a regulatory filing cited in CNBC, the EV manufacturer said
EV startup Lucid to cut about 18% of its workforce
08:20pm, Tuesday, 28'th Mar 2023
Electric-vehicle maker Lucid Group Inc said on Tuesday it would lay off about 18% of its workforce, or around 1,300 employees, to cut costs as part of a restructuring plan.
Lucid Announces Layoffs. The Stock Drops.
06:15pm, Tuesday, 28'th Mar 2023
The electric vehicle maker announced on Tuesday plans to cut 1,300 workers in a bid to cut costs.
Lucid to cut 1,300 workers amid signs of flagging demand for its EVs
04:41pm, Tuesday, 28'th Mar 2023
Lucid CEO Peter Rawlinson said the job cuts will hit "nearly every organization and level, including executives."
Lucid to lay off 1,300 employees in restructuring
04:36pm, Tuesday, 28'th Mar 2023
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, is cutting its workforce by 18% as part of a restructuring, the company disclosed in a regulatory filing. The layoffs,
Why Lucid Stock Coasted Downhill Today
03:31pm, Tuesday, 28'th Mar 2023
Reports say Lucid is about to announce a large layoff. Some investors aren't waiting for confirmation from the company.
Electric-vehicle maker Lucid reportedly plans more than 1,000 layoffs
03:25pm, Tuesday, 28'th Mar 2023
Lucid Group Inc. LCID plans to lay off roughly 18% of staff, which would mean more than 1,000 job cuts, according to a Tuesday report. Insider reported that the electric-vehicle maker revealed the pla
EV startup Lucid plans to cut about 18% of its workforce - report
02:01pm, Tuesday, 28'th Mar 2023
Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo.
EV startup Lucid plans to lay off hundreds of workers
01:47pm, Tuesday, 28'th Mar 2023
In an all-hands meeting and email to staff, Lucid said the layoffs would begin over the next three days and affect about 18% of the company.
Lucid recalls Air sedans over power loss risks
06:48pm, Monday, 27'th Mar 2023
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb Yahoo Finance automotive reporter Pras Subramanian joins the Live show to discuss a Lucid recall. About Yahoo Finance: At Yahoo Finance, you get fre
LCID Stock Alert: Lucid Motors Recalls Hundreds of Vehicles
02:49pm, Monday, 27'th Mar 2023
Shares of Lucid (NASDAQ: LCID ) stock are in focus after the emerging electric vehicle (EV) company disclosed that defective electrically activated contact switches in the 2022 and 2023 versions of th
Lucid recalls hundreds of Air sedans over risk vehicles could lose power
12:47pm, Monday, 27'th Mar 2023
Lucid Group issued a recall for hundreds of Air sedans over a flaw that could cause the vehicles to lose power and increase the risk of a crash, according to a filing with the National Highway Traffic
Why Is Everyone Talking About Lucid Stock?
10:43am, Monday, 27'th Mar 2023
Lucid is in the earlier stages of ramping up production.
What's Going on With Lucid Stock?
09:23am, Monday, 27'th Mar 2023
The luxury EV carmaker is no longer supply constrained.
