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Lucid Struggling with Softening EV Demand, Slashes 400 Jobs Ahead of SUV Launch

Lucid Struggling with Softening EV Demand, Slashes 400 Jobs Ahead of SUV Launch
jobsnhire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jobsnhire.com Daily Mail and Mail on Sunday newspapers.

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Lucid s Senior VP of Digital Resigns As The Company Struggles to Find Consistent EV Demand

Lucid revealed Bell's departure alongside its earnings report for the first quarter of 2024, where the company incurred a loss of $680 million while delivering 1,967 units of its luxury electric sedan. Read more.

Gagan dhingraPeter rawlinsonMike bellUnsplash daniel salciusDerrick cartyLucid group incLucid motorsDaniel salciusMotor digitalTesla grapplingSales declineWorkforce amid intensifyingPalm preInterim chief financial officerPrincipal accounting officerInvestor relations

Chinese Auto Industry: An Extremely Predatory Threat That Could Bring Slave Labor Back, Kill Manufacturing Jobs

Chang cautioned that the rapid growth is fueled partially by "extremely predatory" business tactics, which he describes as "trade violations" that could oversaturate the market and potentially impact manufacturing jobs in Western countries. Read more.

United statesGordon changMike caudillGatestone instituteWorld trade organizationOrganisation for economicElectric vehiclesDark sideChinese autoComing collapseFox news digitalTesla grapplingSales declineWorkforce amid intensifyingEconomic co operationSlave labor

Tesla Implements Broad Restructuring, Cuts Another 14% of Workforce, Affecting 285 Employees in Buffalo Factory

Tesla Implements Broad Restructuring, Cuts Another 14% of Workforce, Affecting 285 Employees in Buffalo Factory
jobsnhire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jobsnhire.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesUnsplash chris bolandElon muskDepartment of laborTesla implements broad restructuringBuffalo factoryChris bolandSouth buffaloWestern newSouth park avenueImplements broad restructuringPeter riveShifting prioritiesTesla grapplingSales decline