Lucid Loses Many Top Execs Amid Difficult Production Ramp

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Lucid Loses Many Top Execs Amid Difficult Production Ramp
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Lucid Loses Many Top Execs Amid Difficult Production Ramp via insideevs.com

The executives who have already announced their departures have left on a positive note. Champion spoke about the special people he met and worked with at Lucid, and Peel shared that he's moving on to Nikola, but it's"bittersweet" to leave his great team at Lucid.

At this point, the reason for the employee departures is only speculation. However, we do know that Lucid has been working to reorganize and do what it takes to keep growing and improving. The company had hoped to produce 20,000 EVs this year, but now it's looking at only 6,000 to 7,000.“We’re overhauling our logistics processes and introducing a series of improvements to simplify the system and yet make it more efficient and robust.

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