A Lucid Air Grand Touring electric luxury car is displayed at the Lucid Motors Inc. studio and service center in Beverly Hills, Calif., on Feb. 25, 2021. Patrick T. Fallon/AFP via Getty Images
Newark, California-based Lucid Motors has started implementing a plan to reduce its U.S. workforce by about 12 percent in an effort to streamline the company and improve growth.
A spokesperson confirmed the news to The Epoch Times via email and said the staff reduction is necessary so Lucid can “operate with greater efficiency and deliver on our commitments to gross margin improvement and long-term growth.”
