Lucid Motors Restructures for a New Future | Tech News

Lucid Motors is undergoing a seismic leadership overhaul under new CEO Silvio Napoli, who’s already reshaping the executive team and slashing direct reports by half—just weeks after taking charge. Amid recent layoffs, Napoli’s mission is to simplify, strengthen, and refocus the company on customers, quality, and innovation. With flagship SUV sales lagging and competitors like Rivian gaining ground, Lucid is betting big on its smaller, more affordable Cosmos SUV and a luxury robotaxi partnership with Nuro and Uber. This bold pivot signals a new era for the electric carmaker, aiming to reignite growth and compete in a crowded market. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/35da1e204bb0588d