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Read the memo: Tesla rival Lucid cuts 12% of its US workforce as EV winter takes hold

EV
Business Insider Fews App News Provider
Fews App Post Time Hace 8h

Lucid launched its latest EV, the Gravity SUV, last year. Josh Lefkowitz/Getty ImagesEV startup Lucid Motors is cutting 12% of its US employees as demand for electric vehicles plummets. CEO Marc Winterhoff told staff on Friday that the cuts were necessary as Lucid tries to become profitable.

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