Surprising boss change at the electric car start-up Lucid. CEO Peter Rawlinson, formerly chief engineer of vehicle construction Tesla, step back. German manager Marc Winterhoff, which was previously responsible for day -to -day business, will temporarily take over the position.
Rawlinson should remain on board as a “strategic-technical consultant” of the Board of Directors by 2027 Start-up with. He came to Lucid Motors in 2013 as a Chief Technology Officer and rose to CEO in 2019.
In addition to the personnel, the company also announced business figures. For this year, Lucid predicts a vehicle production of around 20,000 vehicles compared to around 9,000 vehicles in 2024. The electric car start-up reported sales of $ 234.5 million for the fourth quarter and thus exceeded the expectations of Wall Street analysts, which had expected $ 214.2 million. However, the company continues to burn: In the fourth quarter, Lucid wrote a loss of almost $ 637 million, in 2024 the electric car maker increased a shortfall of more than $ 2.8 billion.
So far, Lucid has only produced two models, the Limousine Air and the SUV Gravity. Both cars target luxury customers in terms of price. In the long run, the e-car manufacturer plans a smaller and cheaper vehicle that is to be produced in a construction in Saudi Arabia in 2026.