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The Latest Breaking News from Peter Rawlinson

Lucid Motors Fires 18% of Workforce and Axes COO Marc Winterhoff as EV Market Slowdown Hits Hard

Lucid Group has cut 18% of its US workforce and eliminated the COO role, aiming to streamline operations and improve financial stability amid ongoing challenges.

International Business Times UK

Lucid Stock Sinks In 2025: What's Driving The Decline?

Lucid Group (NASDAQ:LCID) stock has faced significant headwinds, plunging over 24% year-to-date. This decline is largely attributed to a confluence of factors impacting the broader electric vehicle (EV) market, compounded by specific concerns related to the Trump administration’s potential tariff policies and the revocation of EV subsidies.

Benzinga

This EV Just Went 749 Miles, Crushing Its EPA Range Estimate And Breaking A World Record

Lucid broke the Guinness World Record for longest distance traveled by an EV in a single charge by driving a whopping 748 miles.

InsideEVs

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Lucid Gravity review: Seven-seat Tesla rival heaving with tech

The EV startup behind the award-winning Lucid Air is back with a big SUV – we’ve had an exclusive first drive

The Independent UK

Lucid’s Stock Comeback—Is a Long-Term Recovery Ahead?

Lucid's stock has started to rebound due to an analyst upgrade and positive news sentiment, signaling a renewal of confidence in the EV maker's potential.

MarketBeat

Is Lucid Motors Stock a Buy, Sell, or Hold as CEO Peter Rawlinson Steps Down?

Lucid reported better-than-expected results for its Q4. However, the EV stock tanked on Wednesday on news that CEO Peter Rawlinson unexpectedly resigned.

Barchart

Resignation of Lucid Motors’ veteran CEO spooks investor fear of new product delays

Bank of America downgraded the stock and slashed its price target by two-thirds after learning that Peter Rawlinson stepped down as CEO and CTO.

Fortune

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What's Next For Lucid Motors

I have to admit that I wasn't expecting yesterday's Lucid Motors' fourth-quarter earnings call to be an especially interesting one. The company has its marching orders: ramp up production of the Lucid Gravity SUV in particular, double car production overall and move its groundbreaking electric vehicle technology to a new…

InsideEVs

Lucid Motors CEO Suddenly Resigns

Lucid Motors CEO Peter Rawlinson is stepping down. In an official press release from the automaker, the ex-boss will remain connected to the company as the Strategic Technical Advisor to the Chairman of the Board but will relinquish all his CEO duties effective immediately.

Motor1

Lucid Is Getting A New CEO As Peter Rawlinson Steps Aside

Peter Rawlinson, Lucid Motors' longtime CEO and CTO, is stepping down from his role. The EV startup announced the management shakeup on Tuesday, ahead of its fourth-quarter and full-year earnings call.

InsideEVs

Why Lucid's CEO Thinks 180-Mile EVs Are 'The Future'

Lucid Motors has made a name for itself by building some of the longest-range electric cars on the planet. The Air sedan hit the scene in 2021 with the unprecedented ability to travel a bladder-busting 520 miles on a full charge. Nobody else has touched that yet—not even Tesla.

InsideEVs

Lucid Aims To Be 20% Car Company, 80% Tech Supplier: CEO

Peter Rawlinson isn’t just building a car company. In fact, Lucid Motors' CEO and CTO sees cars as only a small fraction of the electric vehicle startup’s future business.

InsideEVs

Lucid Motors' moment of truth nears as it readies launch of its first SUV, which drives farther than any Tesla on a single charge

The company recently announced it met its full-year target to build 9,000 Air EVs amid a challenging market.

Fortune

Lucid Delivers First Gravity Crossovers To Friends And Family

Lucid has been angling hard to improve its situation for the future. It’s no secret that 2024 wasn’t great. This year, only an unfortunately low number of units of the Air sedan were sold, but CEO Peter Rawlinson is trying to right the ship. Recently, the brand announced that the…

InsideEVs

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InsideEVs

Lucid Wants More Partners. It's Currently In Talks With 'A Couple'

Although Lucid Motors is a startup with much less car-making experience than traditional OEMs, it has quickly become an electric vehicle technology leader. It’s willing to share its EV tech with others and it’s already helping Aston Martin create its own bespoke EV platform. However, it also wants to find…

InsideEVs

The Lucid Gravity Is Here. Now Comes The Hard Part.

Sleek, futuristic Lucid Gravity SUVs started trickling off the production line at the startup automaker's Arizona factory last week after years of development and some delays. Lucid Motors hopes its second-ever model will ignite sales like never before and pave the way for long-term financial health. But it has a…

Benzinga

Lucid Kicks Off Gravity SUV Production To Take On Tesla's Model X

Lucid commences production of Gravity SUV at Arizona factory, expanding into larger market and competing with Tesla's Model X and upcoming mid-sized platform.

InsideEVs

Rivian's CEO Thinks It Can Be Besties With Scout

Have you thought about how small the EV segment really is? Today, fewer than one in ten new vehicles sold in the U.S. are BEVs. Now start to think about what kind of buyer each EV attracts—you've got high-ranking execs picking up Porsches, glamping outdoorsy folk looking at Rivian and…

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Barchart

1 EV Penny Stock That Just Scored a Rare 'Buy' Rating

Lucid Group exceeded expectations with record deliveries and improved cost structure, positioning itself for growth as it prepares to launch the Gravity SUV.

InsideEVs

China's 'Smart Cars' Are Coming For Tesla

Ah, self-driving. The promise of kicking back and letting your car do all of the heavy lifting from point-a to point-b while you doom scroll TikTok or pop a movie on Netflix. It's a wonderful reality we've been sold for years, but no company has made good on it despite…

InsideEVs

Lucid CEO: Many EVs In America 'Frankly Suck'

Despite countless headwinds, 2024 is proving to be a banner year for electric vehicles all over the globe—even if sales haven't been as sky-high as the automakers once predicted. More and more Americans in particular are warming up to them. But just how good is this crop of EVs that…

InsideEVs

Tesla Investors Want Robotaxi Answers

Today on Critical Materials: Tesla investors have questions, Lucid bets full autonomy isn't happening this decade, and California police shun Tesla patrol cars.

InsideEVs

Lucid's CEO On Why Electric Pickup Trucks Are A Bad Idea

Electric pickup trucks need huge batteries, which makes them too expensive, Lucid CEO Peter Rawlinson explained.

InsideEVs

Lucid Midsize Crossover: Our Best Look Yet

Lucid offers us a shadowy render of the upcoming midsize crossover at its Technology and Manufacturing Day event.

InsideEVs

Watch The Lucid Air Grand Touring Add 200 Miles Of Range In 11 Minutes

The 2024 Lucid Air Grand Touring is one of the longest-range and fastest-charging EVs on the planet.

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