Lucid CEO Peter Rawlinson exits after $397 million Q4 net loss, Gravity crossover launch

Lucid reported record deliveries of the Air sedan in the fourth quarter. (LAURENCE ILIFF/AUTOMOTIVE NEWS)

Last Updated

February 26, 2025 05:17 PM

Lucid Motors CEO Peter Rawlinson stepped down from his post and will transition to an advisory role, the company said after reporting a fourth-quarter net loss of $397 million and a 2024 net loss of $2.7 billion.

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