Post New Article

Lucid Motors to lay off 1,300 employees
in latest cost-cutting move

Original Article

Posted By: Navydad, 3/29/2023 8:11:53 AM

CASA GRANDE, AZ (3TV/CBS 5) -- Electric vehicle startup Lucid Motors is battling more problems as the automaker plans to lay off part of its workforce this week. The California-based automaker is reportedly said to be “laser-focused on cost” and an internal memo obtained by the news blog Insider says that about 18% of staff will get a pink slip. Federal SEC filings confirmed the number of layoffs and that an email was sent to employees by Lucid CEO Peter Rawlinson notifying them of the cost-cutting move.

Comments:

Another company that Biden touted as "the future" is going south. I'll bet there's government money involved, no joke!

Post Reply

Reply 1 - Posted by: Northcross 3/29/2023 8:20:01 AM (No. 1436152)
CEO note to laid off employees. "Sorry you saps. We skimmed off all the government money to pay the executives. You didn't really think this was going to be a profitable business, did you?"
25 people like this.

Reply 2 - Posted by: Old Army Vet 3/29/2023 8:33:27 AM (No. 1436164)
This is what happens when the government forces a useless idea on the public. Maybe one day electrics will be successful, however, it's not today.
14 people like this.

Reply 3 - Posted by: lftrn97 3/29/2023 8:44:48 AM (No. 1436178)
You crawl before you walk and you wall before you run. Instead ev companies take success money and build billion dollar plants out of the gate.
6 people like this.

Reply 4 - Posted by: WhamDBambam 3/29/2023 9:01:04 AM (No. 1436190)
Take the government money out of EV's and they all will fail.
20 people like this.

Reply 5 - Posted by: felixcat 3/29/2023 9:02:42 AM (No. 1436194)
I saw my first Lucid EV last November while visiting friends in Naples, FL. Never saw that car company before and looked it up and I believe the starting price for one of their cars is $84,000+
10 people like this.

Reply 6 - Posted by: DVC 3/29/2023 9:18:30 AM (No. 1436209)
EVs are NOT going to replace gasoline and diesel vehicles. The stupid things are too expensive, way too short ranged, and ultimately the "refuel in hours" part is an absolute NON STARTER. Stop with these stupid, expensive entirely impractical TOYS.
18 people like this.

Reply 7 - Posted by: Dodge Boy 3/29/2023 9:29:56 AM (No. 1436226)
Just imagine paying $25,000 to replace the EV batteries if damaged in a car wreck or the battery fails for some reason. That will be more than what a typical used EV would be worth.
11 people like this.

Reply 8 - Posted by: Strike3 3/29/2023 10:12:04 AM (No. 1436258)
I try not to laugh when I read this and similar articles but pushing a rope has never worked in the past because the physics just doesn't allow good results. Logic does not work with our current government because they are dingbat leftists and green weenies so I fear there will be billions of additional dollars thrown at this unworkable and unfeasible technology, pushing EVs and bailing out our "too big to fail" female owned auto industries, from the generosity of unwilling taxpayers so we might as well enjoy the clown show while it lasts. When in fails in a couple of years, the sound will be heard across the globe. FJB
7 people like this.

Reply 9 - Posted by: DVC 3/29/2023 10:19:08 AM (No. 1436265)
Another Solyndra scam, perhaps. EVs are LOSERS.
12 people like this.

Reply 10 - Posted by: skacmar 3/29/2023 11:51:35 AM (No. 1436375)
Lucid makes a very good EV vehicle that gets better mile range than Tesla. Like them or not, EVs have their market for those who want to pay the premium prices. Unfortunately for auto companies, investors, states, and others who have put their money in what was supposed to be an expanding EV market, Joe Biden got elected. Now, even though he preaches EV theology, the people who can afford a $80,00 to $150,000 EV car are hesitant to spend the money right now. Their investment accounts are down over 30%, they are worried about interest rates, recession, the debt ceiling, more government spending, and what other suicidal financial moves the Democrats will try to make next. EV companies who would have flourished under Trump are withering away under Biden and the Democrats.
3 people like this.

Reply 11 - Posted by: DVC 3/29/2023 12:06:25 PM (No. 1436405)
ALL EVs are subsidized massively by the government. Take away the subsidies, and very few will sell. Very expensive short range commuter cars are ridiculous, frankly.
3 people like this.

Reply 12 - Posted by: IowaDad 3/29/2023 1:22:14 PM (No. 1436448)
If you happen to have a spare $249,000, you can order a Lucid Sapphire Air. Might be wonderful, but "should be operated only on smooth road surfaces .. in warm weather." Try that in Iowa. Incidentally, it has 0-60mph acceleration time of under two seconds. That will get you from Iowa to Chicago five seconds quicker than my pedestrian old saloon. Assuming it doesn't have a "sudden power loss". Enjoy!
1 person likes this.

Reply 13 - Posted by: NancyD 3/29/2023 1:32:40 PM (No. 1436457)
Lucid makes beautiful cars. I'd buy one if it had a gas engine and half the price. Ha!
3 people like this.

Reply 14 - Posted by: DVC 3/29/2023 2:04:30 PM (No. 1436470)
The name is a joke, right? Any lucid person would never purchase one of these jokes.
3 people like this.

Reply 15 - Posted by: Zeek Wolfe 3/29/2023 2:17:07 PM (No. 1436478)
No one wants these electric turkeys. Look for other electric car companies to fail including big names like Ford. You own Ford stock? Get rid of it, now!
2 people like this.

Reply 16 - Posted by: Msquared112 3/29/2023 3:44:16 PM (No. 1436552)
Whenever someone in power says they are “laser focused” on anything, run.
2 people like this.

Reply 17 - Posted by: Califedup 3/29/2023 5:11:21 PM (No. 1436624)
Go Woke EV go broke. Lucid Motors - What an ironic name.
2 people like this.

Reply 18 - Posted by: MickTurn 3/30/2023 12:09:37 PM (No. 1437231)
Yet Another Leftist SCAM!
1 person likes this.

Below, you will find ...
Most Recent Articles posted by "Navydad"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Navydad"
Gov. Hobbs’ press secretary resigns
after controversial tweet following Nashville
mass shooting
15 replies
Posted by Navydad 3/29/2023 3:50:30 PM Post Reply
PHOENIX (3TV/CBS 5) -- Gov. Katie Hobb’s press secretary, Josselyn Berry, has resigned hours after posting a controversial tweet that appeared to encourage gun violence just hours after a mass shooting at an elementary school in Tennessee. The governor’s office confirmed first to Arizona’s Family that Berry resigned overnight after growing pressure from those within her circle and other lawmakers. Minutes later, Hobbs made a public statement which reads as follows:
Lucid Motors to lay off 1,300 employees
in latest cost-cutting move
18 replies
Posted by Navydad 3/29/2023 8:11:53 AM Post Reply
CASA GRANDE, AZ (3TV/CBS 5) -- Electric vehicle startup Lucid Motors is battling more problems as the automaker plans to lay off part of its workforce this week. The California-based automaker is reportedly said to be “laser-focused on cost” and an internal memo obtained by the news blog Insider says that about 18% of staff will get a pink slip. Federal SEC filings confirmed the number of layoffs and that an email was sent to employees by Lucid CEO Peter Rawlinson notifying them of the cost-cutting move.
Arizona governor signs order banning hair discrimination. 29 replies
Posted by Navydad 3/19/2023 10:51:25 AM Post Reply
PHOENIX  — Gov. Katie Hobbs has signed an executive order banning racial discrimination based on a person’s hair in Arizona. Before officially signing the order Friday afternoon at the Executive Tower, Hobbs said the order will mean state employees and contractors won’t have to worry about losing work for simply wearing their natural hair. CORRECTIONS*
Liberal Think Tank Behind Hunter Biden
Story Cover-Up Collusion Recruited Arizona
Government Workers
3 replies
Posted by Navydad 1/7/2023 12:26:00 AM Post Reply
A prominent liberal think tank that helped suppress media coverage of Hunter Biden’s corrupt foreign business dealings recruited Arizonan government workers and activist leaders for its leadership program. The Aspen Institute, a prominent liberal think tank, runs 65 programs nationwide to shape communities to its standards: (snip) Aspen Digital, coordinated a “tabletop exercise” with social media companies, media outlets, and academia to ensure effective cover-up of the Hunter Biden laptop story released by the New York Post a month later. Twitter’s newest CEO, Elon Musk, uncovered this collusion with the release of internal Twitter communications and documents dubbed the “Twitter Files.”
Busloads of migrants are being dropped
off at Phoenix Sky Harbor daily
16 replies
Posted by Navydad 12/30/2022 7:57:59 AM Post Reply
Phoenix - Among the travelers heading home for the holidays at Phoenix Sky Harbor Airport are people escaping violence, poverty and persecution. Now, they're catching a new flight to possibly start a new life. (snip) Southwest Airlines handed them their ticket to Tampa, but it's not until tomorrow. They're spending the night in Phoenix.
Judge dismisses remainder of Kari Lake’s
election lawsuit following two-day trial
47 replies
Posted by Navydad 12/24/2022 1:52:31 PM Post Reply
An Arizona judge on Saturday ruled against Kari Lake in her challenge of Gov.-elect Katie Hobbs’s (D) victory, dismissing the highest-profile case challenging the midterm election results. Maricopa County Superior Court Judge Peter Thompson following a two-day trial found that Lake had not proven that election officials committed intentional misconduct sufficient to change the race’s outcome.CORRECTION*
Breaking: Ariz. AG Takes Action - Ballots
Reported in Black Duffle Bags - Officials
Broke Election Laws - State Demands Names
15 replies
Posted by Navydad 11/20/2022 12:21:18 AM Post Reply
Arizona Assistant Attorney General Jennifer Wright — with the Elections Integrity Unit — wrote a letter to the Maricopa County officials Saturday demanding an accounting for the widespread ballot tabulation and ballot printer problems seen during the general election on Nov. 8.
Fix Is In: Arizona Ballots Make Stop at
Runbeck Printing Company to Scan Ballot
Envelopes Before They Are Sent to County
— With No Observers
38 replies
Posted by Navydad 11/12/2022 2:21:57 PM Post Reply
Ben Bergquam was outside the Maricopa County election center and followed a Penske truck leave the center and return to Runbeck. Once at Runbeck, the gate is closed. Every mail-in ballot that is returned in the county is sent to Runbeck first. Runbeck is scanning the Maricopa ballots before they are sent to the Maricopa County Elections Center. CORRECTION*
Arizona's border wall delayed after 2
containers topple
12 replies
Posted by Navydad 8/18/2022 9:25:50 AM Post Reply
PHOENIX -- An effort by Arizona Republican Gov. Doug Ducey to use shipping containers to close a 1,000-foot gap in the U.S.-Mexico border wall near Yuma suffered a brief setback when two stacked containers somehow toppled over. Claudia Ramos, a correspondent for the digital platform of Univision Noticias in Arizona, posted on her Twitter feed a photo she took Monday morning of the containers on their side. She said they fell on the U.S. side of the border.
Kari Lake declared winner in GOP primary
race for governor
17 replies
Posted by Navydad 8/4/2022 10:24:05 PM Post Reply
PHOENIX — Kari Lake is projected to win the Republican nomination for Arizona governor after Tuesday's primary race and will now face off against Democrat Katie Hobbs in the upcoming general election. The competitive race essentially came down to Lake and Karrin Taylor Robson as both candidates ramped up their spending and campaign activities during the last few weeks.
Yuma County woman faces new election law charge 4 replies
Posted by Navydad 10/6/2021 9:51:38 AM Post Reply
YUMA, Ariz. - A Yuma County woman who was indicted last year for illegally returning four voted mail-in ballots that were not hers is facing three new felony charges.  The Arizona attorney general’s office announced on Oct. 5 that Guillermina Fuentes was indicted for voting another person’s early ballot in the August 2020 primary election. She was charged with conspiracy, forgery and a ballot abuse count.  Fuentes, 65, a Democrat, is a former mayor of the border city of San Luis. She serves as an elected board member of the Gadsden Elementary School District in San Luis. CORRECTIONS*
Attorney indicted on charge of lying to
FBI as part of Durham investigation
11 replies
Posted by Navydad 9/16/2021 6:13:07 PM Post Reply
A federal grand jury on Thursday indicted attorney Michael Sussman on a charge of lying to the FBI during the 2016 campaign, marking the second prosecution brought by John Durham, the special counsel tapped by former President Trump to investigate the FBI's probe into Russian interference.
Most Active Articles (last 48 hours)
Joe Biden: ‘Transgender Americans Shape
our Nation’s Soul’
40 replies
Posted by Imright 3/31/2023 4:02:36 AM Post Reply
Transgender Americans “shape our nation’s soul,” according to President Joe Biden, who made the assertion Thursday as part of a White House Proclamation on Transgender Day of Visibility. The proclamation came mere days after a transgender shooter allegedly murdered six individuals at a Christian school in Nashville, Tennessee. A proclamation from the Biden White House celebrates the “Transgender Day of Visibility,” deeming transgender individuals the “bravest people” the president apparently knows.
Former Arkansas Gov. Hutchinson calls
on Trumpto 'stand aside' after indictment
36 replies
Posted by JoElla Bee 3/31/2023 4:58:15 PM Post Reply
Former Arkansas Republican Gov. Asa Hutchinson on Friday called on former President Donald Trump to withdraw from the 2024 presidential race after news broke that a grand jury had voted to indict him(Snip) Hutchinson contended that Trump should respect the office of the presidency by not running while indicted."When a public official is indicted, I think with regard to the office, the office is more important than the person and they should step aside. That standard should apply here,"
CBS News Bans Reporters From Using the
Word 'Transgender' To Describe Transgender
Nashville Shooter
35 replies
Posted by Hazymac 3/31/2023 9:26:11 AM Post Reply
The tragic shootings in Tennessee this week have unsurprisingly brought out the worst in progressive media. Although three of the victims were children, a fact that should dominate the coverage of such a terrible crime, mainstream outlets have spent an inordinate amount of time lamenting the “increased danger” to transgender people after learning the shooter identified as transgender. Now comes word that one outlet actually went so far as to ban reporters from using the term “transgender” to describe the transgender shooter. In an exclusive report on Thursday, The New York Post revealed CBS News executives sent out a memo demanding
'Trans Day of Vengeance' in DC is CANCELED
due to a 'credible threat to life and
safety' in the wake of Nashville school massacre
34 replies
Posted by Imright 3/31/2023 10:04:38 AM Post Reply
A transgender activist group has called off its planned 'Trans Day of Vengeance Rally' after warnings of a 'credible threat to life and safety'. The rally was due to be held on Saturday in Washington D.C., but organizers of the Trans Radical Activist Network (TRAN) said Thursday that threats on social media have led them to make the decision to cancel the event. The demonstration would have been held outside the Supreme Court but 'astronomical amounts of hate from the world' forced them to cancel, TRAN said.
Pelosi Inverts American Justice System:
Trump Has Right to ‘Prove Innocence’
30 replies
Posted by Hazymac 3/31/2023 8:39:34 AM Post Reply
Rep. Nancy Pelosi (D-CA) appeared to invert the U.S. justice system in a statement Thursday as she was reacting to news that a Manhattan grand jury had voted to indict former President Donald Trump. Pelosi, the former House speaker, placed the burden of proof in legal cases on defendants, saying that “everyone has the right to a trial to prove innocence” and that the justice system “grants [Trump] that right.” “The Grand Jury has acted upon the facts and the law,” Pelosi wrote on social media. “No one is above the law, and everyone has the right to a trial to prove innocence. Hopefully, the former President will peacefully respect the system,
Democracy in America on life support as
President Trump is indicted
21 replies
Posted by Magnante 3/31/2023 4:51:23 AM Post Reply
The indictment of President Trump is unprecedented; no President, former or current has ever been indicted before. But while that is an interesting historical fact to note, that isn’t the central argument against the indictment. If Trump were indeed guilty of a crime, he deserves to be punished, irrespective of his being a former president. So, let's examine the case. (snip) The offense of President Trump actually occurred on November 8, 2016; his crime was challenging and beating the establishment; what happened yesterday was merely the formality. There were myriad attempts before
'Donald Trump's knees don't buckle - he
is ready to fight': Ex-president's lawyer
says was 'initially shocked' by Manhattan
indictment but is now feeling 'combative'
- and claims he WON'T be handcuffed
19 replies
Posted by Imright 3/31/2023 9:54:18 AM Post Reply
Donald Trump was 'initially shocked' by the grand jury indictment handed down against him last night but is now 'ready to fight' and be 'combative', one of his lawyers has revealed. Trump, 76, will be arraigned in Manhattan at 2.15pm on Tuesday on an array of business fraud charges relating to 2016 hush money payments to porn star Stormy Daniels. He has denied any wrongdoing, and says he is the victim of a politically-motivated witch hunt led by the famously Democratic Manhattan District Attorney Alvin Bragg.
Newsom forms new group to fight ‘rising
authoritarianism’ in red states
17 replies
Posted by RayLRiv 3/31/2023 2:22:21 PM Post Reply
CA Gov. Gavin Newsom is launching a new political organization that will take the Democrat to red states across the country as he pushes back against restrictive abortion laws, loosened gun regulations, curriculum restrictions and other initiatives Republican elected officials are spearheading.
After Trump indictment, Manhattan DA accuses
House GOP of 'unlawful political interference'
17 replies
Posted by Moritz55 3/31/2023 12:25:47 PM Post Reply
Manhattan District Attorney Alvin Bragg's office has fired back at House Republicans who are demanding documents and testimony about their case against former President Trump, calling the GOP lawmakers' demands "unlawful political interference" in an ongoing criminal case. In a letter sent to three top House Republican chairmen Friday, Leslie B. Dubeck, the general counsel for Bragg’s office, slammed their "baseless and inflammatory allegations that our investigation is politically motivated." Trump is the first American president to be indicted on criminal charges. "The Committees' attempted interference with an ongoing state criminal investigation — and now prosecution — is an unprecedented and illegal incursion
Breaking: Biden Says Transgenders ‘Shape
Our Nation’s Soul’ Just Days After
Trans Killer Shoots Up Christian School
17 replies
Posted by Imright 3/31/2023 3:50:47 AM Post Reply
On Thursday, Joe Biden released a proclamation for the Transgender Day of Visibility. The “holiday” is an annual mark that takes place on March 31st. Biden’s statement “celebrates the joy, strength, and absolute courage of some of the bravest people” just days after six people were murdered by a transgender school shooter in Nashville, Tennessee. Transgender Day of Visibility was first created in 2009. On Monday, Audrey Hale killed six people, including three children at the Christian Covenant School in Nashville. Hale was a 28-year old transgender who dealt with mental health and gender issues.
James Comey Fires Off Tweet Celebrating
After Manhattan Grand Jury Indicts Trump
16 replies
Posted by Imright 3/31/2023 3:59:00 AM Post Reply
Former FBI Director James Comey on Thursday night fired off a tweet celebrating after Trump was indicted by a grand jury. James Comey was fired by Trump in 2017 while he was leading an investigation into the former president. “It’s been a good day” – Comey said.A Manhattan Grand Jury voted to indict President Trump. The indictment is currently under seal, however, according to a leak to CNN, President Trump was hit with 34 counts related to business fraud. “Former President Donald Trump faces more than 30 counts related to business fraud in an indictment from a Manhattan grand jury,
Panicked CNN Urges Manhattan DA To Not
Make Trump Mugshot Public Because It Will
Make Him Even More Iconic
15 replies
Posted by Imright 3/31/2023 5:40:41 PM Post Reply
On Friday, far-left CNN guest David Axelrod urged the Manhattan DA to refrain from releasing a Trump mugshot to the public over fears that he will use it to turn himself into an “iconic” figure. “One thing I want to say about how he [Trump] is handled on Tuesday, if I were the DA, if I were to advise him, and I’m not a lawyer, I’m a political strategist, but I would give him every courtesy that I could. I would certainly not handcuff him. I think he would love that picture,” Axelrod began. “I would make very sure that that booking photo is not released. He would turn it into
Post New Article