Browsing Tag
Silvio Napoli
2 posts
Why Lucid hired three senior executives as $1.4bn cash-flow reset intensifies
Lucid Group has recruited senior executives from Mercedes-Benz, Hyundai, xAI and major automotive groups as Chief Executive Officer Silvio Napoli strengthens commercial execution, financial discipline and marketing during a sweeping effort to improve cash flow by $1.4 billion in 2026.
Lucid raised billions and secured an Uber deal, so why is it cutting jobs again?
Lucid Group is eliminating jobs, a factory shift and its chief operating officer role as Silvio Napoli attempts to align production with demand and preserve cash for the Gravity SUV, midsize vehicles and robotaxi partnerships.