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The Latest Breaking News from Marc Winterhoff

Lucid Motors Fires 18% of Workforce and Axes COO Marc Winterhoff as EV Market Slowdown Hits Hard

Lucid Group has cut 18% of its US workforce and eliminated the COO role, aiming to streamline operations and improve financial stability amid ongoing challenges.

International Business Times UK

Lucid to Lay Off About 18% of U.S. Workforce as COO Exits EV Company

Electric vehicle manufacturer Lucid Group announced Monday that it will cut roughly 18% of its U.S. workforce as part of a broader restructuring effort aimed at reducing costs and improving profitability.

International Business Times

LCID Stock Layoffs: What to Know About the Latest Lucid Job Cuts

Lucid stock is sinking as the company announces new layoffs and the departure of COO Marc Winterhoff. But should you buy the dip in LCID shares?

Barchart

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Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?

Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its global staff, around 1,500 employees. This move, coupled with the elimination of a production shift, signals a strategic reshaping under new CEO Silvio Napoli.

The Economic Times

Lucid Lays Off 18% Of Its Workers And Cuts Production At Arizona Plant

It's the company’s second round of layoffs this year.

InsideEVs

Lucid Motors Has A New CEO And A Bunch More Funding

Lucid still needs to scale up its business, and it just landed hundreds of millions from Uber and the Saudis to do it.

InsideEVs

Dear Lucid Motors Stock Fans, Mark Your Calendars for March 12

Lucid Motors' March 12 Investor Day could be a turning point for LCID stock. Here's what investors need to know before the big event.

Barchart

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Why Lucid Needs Its $50,000 Midsize EV More Than Ever

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

InsideEVs

Lucid's $50,000 EV Is Coming. It Doesn't Plan To Go Much Cheaper Than That

Lucid wants to become a big player in the car world, and its mid-size platform will help it do that. Just don’t expect budget models.

InsideEVs

Lucid CEO: 'I Replaced The Software Team' After The Gravity's Buggy Launch

Lucid CEO Marc Winterhoff acknowledged that the Gravity had some issues at launch, and gave an update on when they might be fixed.

InsideEVs

Lucid’s CEO Gets Candid About The EV Mistake Automakers Won't Talk About

Lucid's CEO Marc Winterhoff said too much EV marketing has focused on environmental friendliness and sustainability. Here's why it didn't work.

InsideEVs

Lucid's Midsize Platform Will Spawn Three 'Bodies'—But It's Done With Sedans

Lucid Motors' interim CEO dropped some hints about its next act after the Gravity SUV. But it's done with four-door cars.

InsideEVs

The Lucid Gravity Launch Got Off To A Rough Start. Lucid Says This Is Why

Lucid Gravity production was already supposed to be in full swing, but Lucid's interim CEO says three key problems got in the way.

InsideEVs

Lucid Stock Slides Despite Record Deliveries: What's Going On?

Shares of Lucid Group Inc (NASDAQ:LCID) are trading lower Tuesday morning as investors digest the company’s latest delivery figures. Here’s what Lucid investors need to know.

Benzinga

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Benzinga

Lucid Group Reports Record Production, Delivery Figures: CEO Marc Winterhoff Hails Milestone

Lucid Group Inc. (NASDAQ:LCID) released the third-quarter production and delivery figures, hitting new records as the Tesla Inc. (NASDAQ:TSLA) rival ramps up its production efforts.

Benzinga

Lucid Has 'So Many Orders': EV Company Sees Strong Demand For Gravity SUV

Electric vehicle company Lucid Group (NASDAQ: LCID) may have a hit on its hands with the Lucid Gravity SUV based on comments from the company about demand and ramped-up production.

InsideEVs

‘So Many Orders’: The Lucid Gravity SUV Gets A $7,500 Cut Even As The Tax Credit Ends

The $7,500 federal tax credit is going away at the end of September, but Lucid is giving Gravity customers some breathing room.

InsideEVs

Lucid Gravity Registrations: Hundreds So Far In 2025 (Updated)

Update and correction Wednesday 10:15 p.m.: An earlier version of this story, based on SP Global Mobility data cited by Automotive News, claimed that Lucid sold only nine Gravity SUVs through June. This figure is "completely inaccurate," Lucid officials said, adding "the real number is well into the three-digit range."…

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InsideEVs

Nine Total Sales: Why The Lucid Gravity Isn't Selling (Yet)

Benzinga

Lucid Stock Skids After Q2 Misses In Year Of 'Unprecedented Number Of Surprises'

Lucid Group, Inc. (NASDAQ:LCID) stock slid sharply on Wednesday after the company's second-quarter earnings missed expectations and the company trimmed its annual vehicle production outlook.

InsideEVs

'Not Where We Want To Be:' Lucid Gravity Production Hit By Supply Chain Issues

Lucid's electric SUV, the Gravity, hasn't ramped up as quickly as the company hoped, the EV startup's CEO said on Tuesday.

Benzinga

Lucid Stock Pauses After 44% Monthly Surge On Uber Deal, Tech Upgrades

Shares of Lucid Group Inc (NASDAQ:LCID) are trading flat Wednesday as investors take a breather following a remarkable 44% surge over the past month. The rally was fueled by a string of positive catalysts, including a major autonomous vehicle partnership with Uber Technologies Inc (NYSE:UBER) and key enhancements to its…

Benzinga

Tesla Rival Lucid's CEO Hails Chinese EVs, Reiterates Commitment To US Robotaxi Operations With Uber

Lucid Group Inc. (NASDAQ:LCID) Interim CEO, Marc Winterhoff, hailed Chinese electric vehicles and Robotaxis, saying he was "impressed by how much they came of age," amid Uber Technologies Inc. (NYSE:UBER) deal.

InsideEVs

Lucid CEO Warns New Cars Are About To Get More Expensive: 'No Other Way Around It'

Today on Critical Materials: Lucid CEO issues a price warning, Musk's companies infuse cash into xAI and Hyundai will ride out tariffs with cheap cars.

InsideEVs

Lucid Had Another Record Quarter Thanks To Tesla Owners Who Jumped Ship

The Lucid Air is a phenomenal machine, albeit a very expensive one. It’s the longest-range electric vehicle on sale today, with up to 512 miles on a full charge. It’s also extremely comfortable, but it costs between $70,000 and $250,000.

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