Bloomberg Technology
Lucid shares slide as EV maker hires restructuring adviser
Lucid Motors is working with restructuring advisers to turn around its struggling business, while dismissing rumors that it’s considering bankruptcy as “completely false.” Consultant AlixPartners has been engaged to examine all aspects of Lucid’s operations. The carmaker is aiming to optimize its business, cut costs and ensure that the rollout of a new mid-size vehicle…
@jeremyowens4115
July 16, 2026 at 7:24 am
I’d love to see them succeed. Specifically because their styling is top notch. Annnnnnd also because I’m a shareholder 😂