The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.
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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The concept was a highlight of Lucid’s investor day, in which the company detailed its ambitions to push deeper into autonomy while pumping out new, affordable EVs.
The update comes after a rocky first few months of software problems on the electric SUV.
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
The production-intent version, unveiled at CES 2026 on Monday, will be an exceptionally roomy entry into the growing robotaxi market later this year.
Lucid built more than 18,000 EVs in 2025 and delivered more than 15,000 after a tough start to the year — still a far cry from the high bar it set in 2021.