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Valuetainment
Valuetainment

"They Built the Wrong Car" – Lucid Cuts 19% of Jobs After EV Sales Disappoint

Jun 27, 2026 · 00:09:07
AI Summary
  • Lucid cuts 19% of jobs due to disappointing EV sales and lower demand.
  • The company aims to save $158 million annually by aligning production.
  • Lucid's stock has plunged over 50% as investors react to financial performance.

Guests on This Episode

LC
Lucid Cuts
1 podcast appearance

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