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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…

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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 is successful

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1 Comment

1 Comment

  1. @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 😂

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Bloomberg Technology

Why AI Is Causing a Global Panic Over Cyber Security

Banks, airlines and governments pulled down their websites as a precaution after researchers used AI to uncover holes in the programming language that underpins swathes of the internet. Jordan Robertson explains why we’re entering an era of rapid-fire software vulnerabilities. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full…

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Banks, airlines and governments pulled down their websites as a precaution after researchers used AI to uncover holes in the programming language that underpins swathes of the internet.

Jordan Robertson explains why we’re entering an era of rapid-fire software vulnerabilities.
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Bloomberg Technology

Power On: Apple’s iPhone Duo Is Here — But Good Luck Finding One

Apple has already shown there’s a strong appetite for its $2,000-and-up iPhone Duo. Now it needs to meet that demand. On this episode of the Power On podcast, Gear Live’s Andru Edwards joins Bloomberg’s Mark Gurman to discuss Apple’s big pre-order blunder of the most radical reinvention in iPhone’s history. ——– Like this video? Subscribe…

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Apple has already shown there’s a strong appetite for its $2,000-and-up iPhone Duo. Now it needs to meet that demand.

On this episode of the Power On podcast, Gear Live’s Andru Edwards joins Bloomberg’s Mark Gurman to discuss Apple’s big pre-order blunder of the most radical reinvention in iPhone’s history.
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Apple’s Most Exciting Phone in Years Has Growing Pains

Apple’s foldable phone is finally here. It has some first-generation quirks, but Chris Welch says it’s the most fun he’s had with an iPhone in a long time—if you’re ready to commit to the fold ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with…

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Apple’s foldable phone is finally here. It has some first-generation quirks, but Chris Welch says it’s the most fun he’s had with an iPhone in a long time—if you’re ready to commit to the fold
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