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Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis | TechCrunch 0
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- August 5, 2026
Lucid Motors said Tuesday that its “operational reset” will focus on $1.4 billion in cash reductions along with three other “must win” and potential money-making priorities that include robotaxis, its factory in Saudi Arabia, and launching a mid-sized electric vehicle. But that mid-sized vehicle, which is supposed to start at under $50,000, is now delayed
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Sorry, haters. Ferrari’s first electric vehicle is doing very well | TechCrunch 0
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- July 29, 2026
Sometimes the crowd is not so wise. When Ferrari revealed the Luce, its first electric vehicle, to the public in May, the Internet reacted. And not in a positive way. Critics compared the wedge-shaped Luce to a Nissan Leaf and said Chinese electric vehicles would surpass it and undercut it in price. Even former Ferrari
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Tesla Spending Soars as Cybercab, Semi and Megapack Production Schedule Delayed | TechCrunch 0
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- July 22, 2026
Tesla no longer plans to reach “volume production” of three of its newest products (the Cybercab, the Tesla Semi and its Megapack 3 commercial energy storage solution) in 2026, according to a second-quarter shareholder letter released Wednesday. The company also removed language from its first-quarter letter about its Optimus robot reaching “volume production.” The company
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A 600-Mile Road Trip (and Data) Proves Charging EVs No Longer Sucks | TechCrunch 0
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- July 18, 2026
Charging is at the forefront of the minds of potential EV buyers. Just over half of those surveyed by AAA last year said public charging infrastructure was a key concern. Those concerns are not unfounded. Historically, EV fast charging has been lackluster. In 2023, after a disastrous road trip, I wrote a “bill of rights”
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XPeng’s new ‘budget’ electric vehicle looks like the Ferrari Luce 0
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- July 16, 2026
while you walk At the XPeng exhibition event in Munich, you are greeted by, I kid you not, a giant wooden Trojan horse. It’s not exactly a subtle message from a Chinese brand announcing the world’s first launch of an electric vehicle, right in the German auto industry’s backyard. It’s hard to believe that XPeng
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Lucid Motors denies report it is considering bankruptcy | TechCrunch 0
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- July 14, 2026
Lucid Motors denies a report that it is considering filing for Chapter 11 bankruptcy protection. Nick Twork, the company’s director of communications, told TechCrunch in a statement that the “rumors are completely false.” “The company has sufficient liquidity to carry out its operations well into next year, as recently published in its latest quarterly reports,
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