Lucid CEO says Tesla is 'losing its way'

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Lucid CEO Peter Rawlinson took a dig at Tesla during an interview with BBC.
Lucid CEO Peter Rawlinson took a dig at Tesla during an interview with BBC.

Noam Galai/Getty Images for TechCrunch and Apu Gomes/Getty Images

Lucid CEO says Chinese automakers are still 'years and years behind' Elon Musk's Tesla

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Lucid CEO Peter Rawlinson
Lucid CEO Peter Rawlinson.

ROBYN BECK/Getty Images

Own a Tesla? BMW will give you $1,000 off one of its electric cars if you switch, report says.

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BMW i5
The BMW i5 is one of the models that other EV owners may be able to switch to.

DANIEL KRAUS, BMW

EV startup Lucid revealed its first SUV — see the Gravity, which features a futuristic dashboard and more range than any Tesla

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The Lucid Gravity SUV
The Lucid Gravity SUV

Tim Levin, Business Insider

Saudi Arabia's stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says

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Lucid Air
Lucid Air

Lucid

ExxonMobil passed Tesla as the most shorted stock last month. Here are the 10 names investors are betting against the most.

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Elon Musk
Elon Musk's Tesla was the most shorted stock in the S&P 500 for four consecutive months before dropping to second in October, behind oil major ExxonMobil, HazelTree reported.

Mario Tama/Getty Images

EV startup Lucid is losing over $500,000 for every car it sells

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A silver Lucid Air electric car photographed from above, sitting on a gravel driveway.
The Lucid Air Grand Touring Performance.

Tim Levin/Insider

Automakers are using a legal loophole to get customers an extra $7,500 tax credit — and business is booming

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Lucid Air Grand Touring
Lucid is one of the companies that has offered customers a monthly savings if they lease one of their EVs.

Lucid

Tesla rival Rivian's stock sinks 13% after the EV maker's output forecast comes in well below expectations

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Rivian EVs
Rivian recalled 13,000 of its vehicles on Friday.

Justin Sullivan / Staff / Getty

Lucid's slow deliveries, cancelled orders, and increasing competition are 'red flags,' experts say

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Lucid Air
Lucid said Wednesday that it plans to build 10,000 to 14,000 vehicles in 2023, short of Wall Street expectations.

Lucid Motors

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