Deep staff cuts at Lucid amid softening EV demand
22 June 2026
Lucid Group is cutting 18 percent of its workforce and eliminating a factory production shift as new chief executive Silvio Napoli attempts to curb steep losses and combat slowing consumer demand.
- Anonymous
I don't know why people call Peter the founder. He joined the company after it was established as Atieva.
He is responsible for both the good and the bad in this company, but to me, he is primarily responsible for the current problems and for the loss of Eric and Emad. They were responsible for the two advanced technologies that currently put the company ahead of others.
- 1 hour ago
- JSv