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Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Cuts 18% Of US Workforce, Eliminates COO Role In Napoli’s First Major Move

Lucid Group cut roughly 18% of its U.S. workforce on Monday, its second mass layoff in four months, and eliminated the chief operating officer position. The move removes Marc Winterhoff, who ran Lucid as interim chief executive for more than a year. It is the first major operational decision from Silvio Napoli, the former Schindler…

Lucid Is Coming To The UK In 2027 — But Only With The Cosmos, Not The Air Or Gravity
Lucid

Lucid Is Coming To The UK In 2027 — But Only With The Cosmos, Not The Air Or Gravity

Lucid Motors will enter the UK market in 2027, bringing the Lucid Cosmos midsize SUV as its first right-hand drive product, Autocar reported on April 3 following an interview with Lucid European president Lawrence Hamilton. The Cosmos will launch ahead of a second model called the Earth, an off-road-focused derivative planned for 2028. Neither the…

Lucid Gravity Achieves 450-Mile EPA Range, Exceeding Initial Estimates
Lucid

Lucid Gravity Europe Deliveries Finally Start in Switzerland After Missing January Target

Six weeks behind schedule, the first Lucid Gravity SUVs are rolling onto European roads. The confirmation came not from a press release, but from a LinkedIn post reported by Electric Vehicles, written by Fati Biljali, a Lucid delivery advisor for the Swiss market, who confirmed that “the Lucid Gravity has officially landed” and that “this…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Cuts 319 Newark Jobs As Layoff Count Hits Third Year Running

One day after reporting Q4 earnings that beat revenue estimates, Lucid Group filed a WARN notice with California’s Employment Development Department disclosing 319 job eliminations at its Newark headquarters, effective April 21, according to the Mercury News. That’s the third consecutive year Lucid has filed layoff notices at the same address: 123 workers cut in…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Q4 2025: Revenue and Production Guidance Both Beat Analyst Expectations — So Why Did the Stock Drop 6%?

Three beats, one brutal miss, and a stock that fell anyway. Lucid Group (NASDAQ: LCID) reported Q4 2025 results today that cleared the bar on revenue, beat FactSet’s production guidance consensus for 2026, and delivered its eighth consecutive quarter of record deliveries. The market’s response: shares dropped 6.4% to $9.33 in after-hours trading. That tells…

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