Lucid CEO steps down; EV maker plans to more than double production in 2025
The CEO change and production target were announced in conjunction with the automaker's fourth-quarter financial results. For the period ended Dec. 31, the company reported a net loss attributable to common stockholders of $636.9 million, or a loss of 22 cents per share, on revenue of $234.5 million.
Rivian’s market cap currently sits at roughly $12.9–$13 billion, underscoring its position as a significant yet still ...
Peter Rawlinson stepped down from Lucid, the company producing luxury electric vehicles in Casa Grande. The company saw huge losses.
The electric vehicle (EV) stock was already tanking ahead of earnings after getting a massive analyst downgrade when it dealt ...
Lucid had a very positive 2024 while other EV makers struggled. And now it's setting a very high goal for 2025. Here's what's ...
Peter Rawlinson has surprisingly moved into an advisory role, leading COO Marc Winterhoff to be appointed as Lucid's interim ...
Peter Rawlinson, who has led Lucid for more than a decade, cited the successful launch of the Lucid Gravity SUV as the right ...
Bank of America downgraded the stock and slashed its price target by two-thirds after learning that Peter Rawlinson stepped ...
We can only speculate about what led Lucid's former CEO to step aside from the company he helped create. Was it his or the ...
Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced Peter Rawlinson has ...
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