Lucid’s CEO steps down, as EV maker aims to double production
Lucid Motors founder and CEO Peter Rawlinson will step down, as the luxury EV company sets its sights on doubling production over the next year.
Lucid’s (LCID) stock is falling after its CEO stepped down, but here’s the good news
Lucid (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside. Following the sudden announcement, Lucid’s stock fell over 12% on Wednesday. Despite this, Lucid expects 2025 will still be one of its biggest so far.
Lucid CEO steps down, company expects to more than double vehicle production this year
Electric-vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more than double this year,
Lucid CEO Peter Rawlinson steps down amid $397M Q4 loss
Peter Rawlinson, the CEO of EV maker Lucid, announced he would be stepping down after more than five years in that role.
Lucid Motors CEO Peter Rawlinson steps down
Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and
Lucid Stock Sinks as EV Maker's CEO Resigns, Offsetting Solid Results, Outlook
Lucid Group CEO Peter Rawlinson unexpectedly resigned after leading the EV maker for 12 years. Rawlinson will stay on as a consultant, with current COO Marc Winterhoff taking over as interim CEO. The news offset better-than-expected financial results,
Lucid CEO Peter Rawlinson Surprisingly Steps Down Without a Planned Successor
In a surprising move, Lucid Motors CEPO Peter Rawlinson stepped down before the Q4 2024 earnings call, as the company reported widening losses
Lucid Group Launches Search for CEO as Rawlinson Steps Aside
Lucid Group named Operating Chief Marc Winterhoff as its interim chief executive officer, succeeding Peter Rawlinson, who has stepped aside from the company’s top role.
Lucid's CEO Steps Down Ahead of the Launch of a New Mid-Size Platform
Peter Rawlinson has surprisingly moved into an advisory role, leading COO Marc Winterhoff to be appointed as Lucid's interim CEO.
Lucid CEO Peter Rawlinson transitions to advisory role
Lucid announced Peter Rawlinson has stepped down as CEO. Rawlinson will now serve as Strategic Technical Advisor to the Chairman of the Board. Lucid said its current Chief Operating Officer, Marc Winterhoff,
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 ...
Lucid hoped to burn rubber, but mostly burns petrodollars
The Saudis have a seemingly bottomless supply of petrocash. But their patience may be more finite. Luxury electric-vehicle ...
At Lucid, key-person risk is a ‘reality’ investors have yet to understand
The departure of Lucid CEO Peter Rawlinson is a blow to the EV maker that the market has yet to understand, one analyst said.
Why Lucid Stock Plunged Today
Lucid Group (NASDAQ: LCID) recently launched its new fully electric SUV, and now has told investors it plans to produce more ...
LCID Earnings: Lucid Jumps after Topping Estimates and CEO Transition
Shares of Lucid (LCID) jumped in after-hours trading after the EV company reported earnings for its fourth quarter of Fiscal ...
Lucid Stock Whipsaws After Earnings Beat. Why It Picked Up a Downgrade.
Lucid ended the fourth quarter with about $4 billion in cash, similar to the third-quarter level. It used about $3 billion to ...
Insider Monkey6h
Why Lucid (LCID) Is Tumbling Today
EV maker Lucid (LCID) is retreating 12.5% after the company announced that its CEO, Peter Rawlinson, had resigned. The news ...