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InsideEVs
InsideEVs
Technology
Dan Mihalascu

Lucid CEO Made Over $260 Million In Performance-Based Awards In 2021

Lucid Group CEO Peter Rawlinson earned more than $260 million in performance-based awards last year, just before the EV startup's shares plunged by two-thirds.

In March 2021, Lucid Group's board awarded Rawlinson about 13.8 million time-based units of stock that vest over four years beginning at the end of 2021, plus 16 million performance-based stock units.

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