Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by an electric-vehicle maker to cut costs in a dramatically slowing market for plug-in cars.
The landscape of the electric vehicle industry is witnessing significant turbulence, particularly for the Bay Area-based luxury electric carmaker, Lucid Group. On a rather somber note this Friday, ...
Electric vehicle (EV) maker Lucid Motors announced that the company would be laying off staff in a bid to lower ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips At first, you may think we are particularly harsh on Lucid Group ...
After Fisker filed for bankruptcy protection on Monday, other startup EV makers review their options as sales lag.
Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2024, to be updated regularly.
Known as one of the prospective “Tesla (NASDAQ:TSLA) killers” since its launch, Lucid Group (NASDAQ:LCID) has seen some significant volatility in recent years. Alongside other high-potential EV names, ...
Companies in the U.S. and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook ...
As of May 31 at 1:41 PM EDT. Market Open.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Steer clear of stocks to avoid in order to effectively protect ...