
CEO outlines operational reset and $1.4B cash improvement plan amid restructuring.
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CEO outlines operational reset and $1.4B cash improvement plan amid restructuring.
Lucid Group (NASDAQ:LCID) outlined a broad operational reset during its second-quarter 2026 earnings call, with newly appointed CEO Silvio Napoli saying the electric-vehicle maker is targeting approximately $1.4 billion in cash-flow improvements this year while reducing production, lowering inventor
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