Big news from Lucid, the electric car company! Their CEO, Peter Rawlinson, is leaving after five years. He helped launch their cool cars, but now a new person will take over. Lucid also says it will make many more cars this year.
- Lucid's CEO is stepping down.
- Production of cars is expected to more than double.
- The company's new SUV, the Gravity, is important for their future.
- Lucid beat some financial expectations, but still loses money on each car.
| Item | Number/Fact |
|---|---|
| Cars made in 2024 | Around 9,000 |
| Expected cars made in 2025 | Around 20,000 |
| Revenue (in millions) | $234.5 |
