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 (LCID) CEO Peter Rawlinson is passing the baton just as the EV maker enters a critical growth phase. After over a decade at the helm, Rawlinson said it’s the right time to step aside. Following ...

Lucid Group ( LCID -11.69%) recently launched its new fully electric SUV, and now has told investors it plans to produce more ...

Stocks were rising Wednesday after the S&P 500 closed lower for a fourth consecutive session and Wall Street looked ahead to ...

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

The Saudis have a seemingly bottomless supply of petrocash. But their patience may be more finite. Luxury electric-vehicle ...

Stocks are firmly higher, with the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) set to snap four-day skids ...

EV maker Lucid (LCID) is retreating 12.5% after the company announced that its CEO, Peter Rawlinson, had resigned. The news ...

Peter Rawlinson, the CEO of EV maker Lucid, announced he would be stepping down after more than five years in that role.

An analyst downgrade and the departure of the company's CEO have erased most of the 10% gain made by Lucid stock on February ...

Lucid Group CEO Peter Rawlinson unexpectedly resigned after leading the EV maker for 12 years. Rawlinson will stay on as a consultant, with current COO Marc Winterhoff taking over as interim CEO. The ...

Lucid Group has made a groundbreaking stride in the electric vehicle industry, as revealed during their recent Q4 2024 ...