Lucid Shares Climb After CEO Says AlixPartners Work Is Done
AlixPartners helped build a savings plan after liquidity concerns earlier in 2026.
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Lucid and Bolt Plan 25,000 Robotaxis Across Europe
Lucid and Bolt plan 25,000 Level 4 robotaxis in European cities from 2028, using Lucid’s Midsize platform and NVIDIA Hyperion.
Lucid Delays Affordable EVs to 2027, Launches $1.4 Billion Cost-Cutting Reset
Lucid grows Q2 revenue 56% but misses estimates. Company cuts production, targets $1.4B savings, and delays midsize EVs until late 2027.
Prince Alwaleed Buys 5% of Lucid Motors Amid Stock Volatility
Saudi billionaire Prince Alwaleed acquires 19.5M shares of Lucid, taking a 5% stake after the stock’s sharp mid-July drop.
"Rumors Are Completely False": Lucid Group Rejects Bankruptcy Reports
The company confirms it has sufficient liquidity well into next year.
Lucid Misses Q2 2026 Targets, Launches Major Leadership Overhaul Under New CEO
The EV maker announced a major leadership overhaul under new CEO Silvio Napoli, including new CFO, CTO, and Chief Customer Officer.