@RecentlyTrain484 3 weeks ago
Lucid is still moving on its restructuring
Lucid is still moving on its restructuring
gained around 5.9% after CEO Silvio Napoli said the company's restructuring with AlixPartners was complete and announced a European autonomous-driving partnership with Bolt. Pretty interesting that they are still undergoing operational changes instead of announcing any EV delivery
@TallDrive706 3 weeks ago
Lucid’s restructuring progress is encouraging, but the bigger test is whether these operational changes translate into stronger deliveries and sustainable growth.
@ClaireH27 3 weeks ago
The restructuring can improve Lucid’s cost structure, but stronger deliveries and sustained demand will ultimately determine whether the turnaround is working
