[ad_1] C3.ai (AI) had fallen 15% Wednesday after closing down more than 26% on Tuesday after short seller Kerrisdale Capital published a letter to the artificial intelligence software company’s auditors alleging a series…
Tag: LCID
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
[ad_1] The maker of high-end electric cars plans to lay off about 1,300 employees. [ad_2] Source link
Move Over EVs, Hybrids Are Hot in China
[ad_1] The success of China’s Li Auto underlines the risks of an all-or-nothing approach to the shift to electric vehicles. [ad_2] Source link
EV Startups Have a New Bottleneck: Demand
[ad_1] Lucid shares are down 14% premarket after the luxury electric-vehicle company said reservations had fallen since November. [ad_2] Source link
SPAC Deals Shrink After Speculation Wanes
[ad_1] Markets Finance Small mergers to take startups public are replacing the splashy deals of 2021 [ad_2] Source link
EV Startup Lucid Aims to Nearly Double Production in 2023
[ad_1] The electric-vehicle maker’s CEO said its forecast, which is below analyst expectations, reflects economic concerns. [ad_2] Source link