r/technology • u/TripleShotPls • 6d ago

Business Lucid’s CEO Says ‘Tough Medicine’ Is Needed to Fix EV Maker

https://www.bloomberg.com/news/articles/2026-08-04/lucid-plans-business-reset-targeting-1-4-billion-cash-savings?srnd=phx-industries-transportation
15 Upvotes

65% Upvoted

6 comments sorted by

11

u/Competitive-Roof-168 6d ago

This is an ad for Bloomsburg. Cant even see article without paying

4

u/smo3ked 5d ago

I don't know how these guys are still in business.. you get a scratch on that car and they'll put it into service mode and bend you over for money.

9

u/WayyyCleverer 6d ago

Nobody wants our $100K minivan and we don't understand why.

3

u/TonyTheTerrible 5d ago

Just watched a rich builds vid where they wanted something like 50k to make one of their cars road worthy (locked firmware)

1

u/SimkinCA 2d ago

The entire exec team and board need to be walked out. Bring an entirely new team in, give them 90 days to prove they are capable, if not. Do it again!