Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis

August 4, 2026 Kirsten Korosec, Sean O'Kane

Lucid's new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting expenses, and robotaxis.

Previous Article
Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call
Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call

Musk kept inflating the already-big promises being made by SpaceX CFO Bret Johnsen and Gwynne Shotwell on t...

Next Article
How to get the best hotel deals for TechCrunch Disrupt 2026 
How to get the best hotel deals for TechCrunch Disrupt 2026 

We’ve partnered with hotels around Moscone West during Disrupt, taking place October 13 to 15, to secure th...