Lucid Replaces Key Executives Following Layoffs Amidst Leadership Transition

Luxury EV maker Lucid Motors is undergoing a significant executive shake-up, appointing a new CFO, CTO, and three other C-level leaders. This leadership overhaul, occurring under recent CEO Silvio Napoli, comes shortly after the company announced an 18% workforce reduction and withdrew its long-term production forecasts, signaling a period of strategic re-evaluation for the brand.