The plan was launched in part to support a new phase of discipline and “margin progression,” CFO Taoufiq Boussaid said.

Can Lucid survive losing $6.5 billion over two years, or will it be another casualty in the volatile EV market?

As with many other EV-only automakers, Lucid Motors is forced to face the new realities of the U.S. electric car market in the wake of last year's termination of the $7,500 EV federal tax credit and ...

The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.

Lucid aims to produce 25,000 to 27,000 EVs this year. That's a big jump over 2025, but not enough to put it in the big leagues.

Lucid Motors took in more money and delivered more cars last year than the previous year and reported an adjusted loss of ...

US electric car manufacturer Lucid Motors increased its revenue by 68 percent to $1.35 billion last year. However, as in ...

Q4 earnings hit Tuesday with a 15% options swing priced in, a forecast 96% revenue rise, and a wider expected loss per share.

Lucid Motors, the California-based electric vehicle manufacturer with factories in Casa Grande, is laying off about 12% of ...

As I told everyone a few months ago, I leased a new BMW i5 sedan. I can tell you with certainty, if this had been available, I would have jumped all over this deal, especially after I reviewed and ...