Before Lucid axed his role and downsized, the COO told us about the company's robotaxi bet

Tech Insider : Business
Marc Winterhoff stands next to a Lucid Gravity robotaxi.
Lucid ex-COO Marc Winterhoff said the company's partnership with Uber and Nuro was meant to deliver robotaxis fast and with capital discipline.

Patrick T. Fallon/AFP via Getty Images

Lucid's goal to 'simplify' the company includes 18% layoffs — and eliminating the COO role entirely

Tech Insider : Business
A Silver Lucid Gravity drives down a two-lane road past a wooded area.
Lucid said it's cutting a production shift to align "production plans with anticipated demand." Its COO is out, too — and won't be replaced.

Lucid Motors

'Awkward,' 'Restrictive,' 'Tragic': 3 EV makers told us how US dealership laws hold them back

Tech Insider : Business
Rivian dealership
EV companies like Rivian are still facing a state-by-state fight to sell their cars without third-party dealerships.

Jeffrey Greenberg/Universal Images Group via Getty Images

Here are 5 biggest takeaways from Lucid Motors' bet on autonomy

Tech Insider : Business, Technology
Lucid Motors
Lucid Motors unveiled a concept for a two-seater robotaxi with no steering wheel, competing directly with Tesla's Cybercab.

Lucid Motors

The full list of major US companies slashing staff this year, including Meta, ExxonMobil, and Boeing

Tech Insider : Business, Economy, Environment
A Cargill meat processing plant in Arkansas.
Cargill is cutting 5% of its workforce.

Spencer Tirey/Getty Images

Check out these 11 cool electric cars from Renault, BYD, Lucid, and more manufacturers at this huge auto show

Tech Insider
Renault R5
The Renault R5.

Fabrice Coffrini/AFP via Getty Images

Elon Musk denied a report that Tesla planned to build a factory in Saudi Arabia. It's the latest development in his complicated history with the nation.

Tech Insider
Elon Musk
Elon Musk has a longstanding feud with Saudi Arabia.

Chesnot/Getty Images

I drove fancy, six-figure electric cars from Mercedes and Lucid. Here's why I'd go with the startup over the old guard.

Tech Insider
The Mercedes-Benz EQS and Lucid Motors Air electric cars.
We pitted the Mercedes EQS against the Lucid Air in the ultimate battle of old versus new.

Tim Levin/Insider

Elon Musk jabs at Lucid after its CEO raked in $379 million of total compensation last year

Tech Insider
Elon Musk
Elon Musk.

REUTERS/Mike Blake

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