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EV Maker Lucid to Seek New CEO

TheStreet on MSN · 20h

Tesla rival CEO steps down from distressed EV business

Chief Executive Peter Rawlinson has become a vocal advocate for the brand, praising his and his engineers' work to advance and leave its mark on the EV space. Currently, the Newark, California-based EV manufacturer makes two vehicles: the award-winning Air sedan and the bigger Gravity SUV.

Bloomberg on MSN · 1d

EV Maker Lucid to Seek New CEO After Rawlinson Steps Aside

Lucid Group Inc. will begin a search for a new leader after Chief Executive Officer Peter Rawlinson stepped aside to serve as an advisor to the electric-vehicle maker.

NBC News on MSN · 1d

Lucid CEO steps down; EV maker plans to more than double production in 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.

Tesla, Elon Musk

Fortune on MSN · 2d

Tesla CEO Elon Musk should be thrilled Europe’s EV market is booming—here’s why he’s not

Tesla emerged empty handed after Europe's new car market for EVs surged by 37% in January. Its sales plummeted 45% across the EU, Norway, Switzerland and the U.K., leading to its share shriveling to just 6% from 15% just 12 months earlier.

Autoblog on MSN · 1d

Tesla's sales are falling. Elon Musk doesn't seem to care

Musk has repeatedly stated that Tesla’s long-term value lies in autonomous driving and robotics, but its investors don't seem so sure. With sales declining and investor confidence wavering, the immediate question remains: does Musk still care about selling cars, or has he already moved on?

Markets Insider on MSN · 23h

He was once Elon Musk's biggest believer. Now he's doubling down on why Tesla's stock pain will get worse in 2025.

Ross Gerber, a longtime Tesla shareholder, outlined to BI four reasons he thinks the stock is vulnerable to a 50% pullback this year.

1h

Why Tesla's stock has given up nearly all of its Trump election gains

Tesla stock has nearly given up all its gains since President Trump’s election win, as Elon Musk’s forays with politics have ...

12h

Musk mocked in Tesla 'Swasticar' poster at London bus stop

A group named Everyone Hates Elon claimed responsibility for the poster. "We don't want his cars, or his fascist politics," a spokesperson said.

5don MSN

Tesla boss Elon Musk urged to rescue Nissan after merger talks with Honda collapse

Japanese business leaders are reportedly urging Tesla CEO Elon Musk to step in as a strategic investor in Nissan after the ...

1d

Lucid Motors CEO Peter Rawlinson steps down

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is ...

6don MSN

Tesla Stock Is Spiraling. Here's Why This Sell-Off Is Different

After finishing 2024 with a meteoric rise in its share price, Tesla ( TSLA -2.14%) has been sliding since the start of the ...

13don MSN

Uber's CEO says he wants to find a way to work with Tesla because 'no one wants to compete against Tesla or Elon, if you can help it'

"Ultimately, we're hoping that my charm and the economic argument gets Tesla to work with us as well," said Dara Khosrowshahi ...

3d

Tesla prepares to deploy full self-driving features in China, Bloomberg News reports

Tesla is readying a software update for customers in China to offer driving-assistance capabilities similar to its full ...

Stellantis eyes recovery in 2025, Tesla stocks fall 25%, Lucid CEO steps down

Top Stories Stellantis faces 70% profit drop but eyes recovery in 2025. Read More Musk’s politics and slumping sales drive ...

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