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Lucid lays off one-fifth of working staff
Rising costs and dropping orders are forcing Lucid Motors to cut 18% of its staff /Lucid Motors
Lucid Motors is joining the growing list of EV makers forced to trim down on their operations. With the ambition of challenging Tesla, the American electric carmaker is to cut about 1 300 jobs or nearly one-fifth (18 percent) of its workforce. Lucid CEO Peter Rawlinson calls it “a painful but necessary decision”. He expects
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