Companies
Lucid Group
AutomotiveNewark, CaliforniaLCIDAbout 9,000 employees
More about Lucid Group
Electric vehicle maker that designs and builds luxury sedans and SUVs in Arizona
Revenue
$1.35B
Fiscal 2025, up 68%
Employees
About 9,000
As of December 2025, before 2026 cuts
Stock
LCID
Nasdaq
Headquarters
Newark, California
CEO
Silvio Napoli
Since June 2026
BrandsLucid Air, Lucid Gravity
Current strategyCutting costs and simplifying the company while starting production of its midsize platform and expanding into robotaxis and driver assistance
Recent workforce changesAbout 1,500 roles (18% of U.S. workforce) in June 2026 and about 12% of U.S. workforce (excl. hourly production) in February 2026
CompetitorsTesla, Rivian, Porsche
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), hcamag.com, aap.com.au
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