Lucid Motors Hires Restructuring Advisors Amid Bankruptcy Rumors

Lucid Motors has hired restructuring advisory firm AlixPartners, officially to "improve operations." The move comes amid swirling rumors that the EV startup is weighing bankruptcy or a buyout. The company denies any such plans are on the table.

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🚗 Cars Lucid Motors Denies Bankruptcy Rumors as Stock Price Plunges The Verge · 11d ago 🚗 Cars Lucid Cuts $10,000 off Gravity SUV and $7,500 off Air Sedan for 2024 Models Jalopnik · 19d ago 💻 Technology Nothing confirms layoffs and restructuring, denies reports of exiting 12 markets The Verge · 2d ago

More on this topic

🚗 Cars Lucid Motors Denies Bankruptcy Rumors as Stock Price Plunges The Verge · 11d ago 🚗 Cars Lucid Cuts $10,000 off Gravity SUV and $7,500 off Air Sedan for 2024 Models Jalopnik · 19d ago 💻 Technology Nothing confirms layoffs and restructuring, denies reports of exiting 12 markets The Verge · 2d ago