Chief Executive Peter Rawlinson has become a vocal advocate for the brand, praising his and his engineers' work to advance and leave its mark on the EV space. Currently, the Newark, California-based EV manufacturer makes two vehicles: the award-winning Air sedan and the bigger Gravity SUV.

Peter Rawlinson stepped down as CEO of the company. However, the company veteran will remain in an advisory role. Lucid plans to nearly double deliveries from 2024 to 2025. So, of course, Lucid would cap off the year with a strong fourth-quarter result,

To be one hundred percent right and honest, he should have said that all of them do, including the ones Lucid manufactures.

Peter Rawlinson has stepped aside from his prior roles as Chief Executive Officer, Chief Technology Officer, and Board of Directors member.

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

Peter Rawlinson, Lucid Motors' longtime CEO and CTO, is stepping down from his role. The EV startup announced the management shakeup on Tuesday, ahead of its fourth-quarter and full-year earnings call.

The CEO of luxury EV startup Lucid Group is stepping aside as the company continues to lose money, despite increasing sales. Why it matters: The Saudi-backed Lucid has billed itself from the beginning as a serious competitor to Tesla,

We can only speculate about what led Lucid's former CEO to step aside from the company he helped create. Was it his or the company's decision?

Peter Rawlinson stepped down from Lucid, the company producing luxury electric vehicles in Casa Grande. The company saw huge losses.

Bank of America downgraded the stock and slashed its price target by two-thirds after learning that Peter Rawlinson stepped down as CEO and CTO.

Lucid Group ( LCID -1.11%) recently launched its new fully electric SUV, and now has told investors it plans to produce more than twice as many electric vehicles (EVs) in 2025 as it did in 2024. It also beat expectations on both the top and bottom lines in the fourth-quarter report it delivered after the close of trading Tuesday.

The departure of Lucid CEO Peter Rawlinson is a blow to the EV maker that the market has yet to understand, one analyst said.