Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

TechCrunch•Mon, Jun 22, 2026, 01:42 PM•2 min read

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand.

Source: [TechCrunch](https://techcrunch.com/2026/06/22/lucid-motors-new-ceo-cuts-18-of-staff-to-simplify-the-company/)

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