ルーシッド Motors announced on February 25, 2025, that CEO Peter Rawlinson is stepping down effective immediately, transitioning to the role of Strategic Technical Advisor to the Chairman of the Board. Chief Operating Officer Marc Winterhoff has been named interim CEO while the company searches for a permanent replacement. This leadership shift occurs as Lucid, founded in 2016, prepares for the launch of its Gravity SUV and reports a record 10,241 vehicle deliveries in 2024—a 71% increase from 2023—despite a fourth-quarter net loss of $636.9 million.

Backed by サウジアラビア‘s Public Investment Fund, Lucid has positioned itself as a luxury EV rival to テスラ, focusing on cutting-edge technology. The Lucid Air, its flagship sedan, has earned accolades for its range and performance but faces sales constraints due to a starting price exceeding $100,000, contributing to ongoing financial challenges that frame Rawlinson’s departure.

Lucid Motors Smashes Delivery Records In Q3 2024, Faces Production Hurdles

Leadership Transition at a Crossroads

Rawlinson, who joined Lucid at its 2016 launch, reflected on his tenure: “We grew from a tiny company with a big ambition, to a widely recognized technological world leader in sustainable mobility.”

His exit coincides with the imminent delivery of the Gravity SUV, first unveiled in 2020, with its production model revealed in late 2023. The Grand Touring trim starts at $94,900, available now, while the $79,900 Touring trim is slated for late 2025. Lucid claims a 450-mile range for the Gravity, positioning it to compete with the Tesla Model X (348 miles) and Rivian R1S (400 miles), though EPA verification remains unconfirmed in the provided sources, according to Motor1.

Financial and Market Challenges Ahead

Financially, Lucid shows progress and challenges. The company delivered 3,099 vehicles in Q4 2024, up 79% from Q4 2023, driving its annual sales growth. However, the $636.9 million net loss in Q4 underscores persistent profitability issues, though Lucid’s stock jumped 9% to $2.85 in after-hours trading, per アクシオス.

Marc Winterhoff, now interim CEO, outlined his focus: “Our team remains focused on further ramping production of the Lucid Gravity, preparing for the launch of our three midsize platform vehicles, and continuing development of our low-cost Atlas drive unit while we aggressively reduce our costs.”

Chairman Turqi Alnowaiser praised Rawlinson’s legacy, expressing confidence in Lucid’s future under new leadership.

Lucid’s strategic reliance on its Saudi backer, including a new factory in Saudi Arabia approved under Rawlinson, adds complexity. Amid EV market uncertainties—softening luxury demand and political shifts—the Gravity’s success and cost-cutting efforts will be critical. This leadership change may signal a strategic pivot, with the next CEO’s vision yet to emerge.

Lucid’s trajectory reflects broader EV startup challenges, balancing innovation with profitability. Rawlinson’s departure offers a chance to recalibrate as the Gravity launch nears, testing Lucid’s ability to navigate a competitive landscape where technology must translate into financial stability.