Lucid Motors to lay off 12 per cent of its workforce

Lucid Motors to lay off 12 per cent of its workforce

Embattled California-based electric car manufacturer Lucid Motors has confirmed that it will lay off 12 per cent of its workforce in a move intended to “streamline” the company and boost profitability. First reported by TechCrunch late last week, which obtained an internal Lucid memo, the job cuts were later confirmed by other outlets including Reuters. […]

The Tesla Model Y Proves That Tesla Needs To Get Back To Making Cars

The Tesla Model Y Proves That Tesla Needs To Get Back To Making Cars

Tesla CEO Elon Musk envisions a near future where operating a steering wheel and pedals feels as antiquated as riding a horse does today. He’s repeated versions of that refrain for years, earning a deserved reputation for being the boy who cried self-driving. But his boredom with the conventional car business has never been more […]