Lucid Reduces Production and Lays Off 18 Percent of Its Workforce (caranddriver.com) 4 points by RickJWagner 22d ago ↗ HN
[–] steveBK123 22d ago ↗ It seems like all the after-Tesla US EV makers launched with the "start up market and move downmarket" product strategy ~2 years too late.That plus high interest rates, slowing overall auto sales and government flipping from supportive to actively antagonizing EV makers.
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[ 2.9 ms ] story [ 16.1 ms ] threadThat plus high interest rates, slowing overall auto sales and government flipping from supportive to actively antagonizing EV makers.