AI Weekly Malaysia

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02 Jul 2026, 10:53 PMTechCrunch2.0 Lucid Motors’ CFO is out as its new CEO continues leadership shakeup

Lucid Motors is undergoing a leadership shakeup that includes the departure of its CFO, alongside the announcement of new executive hires. The changes come as the company's Gravity SUV sales are not taking off as anticipated.

Why: While primarily an automotive corporate update, it serves as a cautionary tale for SaaS and hardware founders about the importance of aligning executive leadership with product-market fit and sales realities.

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