# Lucid Motors said Tuesday that it's no longer sure how many vehicles it will build or sell this year.

*business · news · 2026-05-05 · TechCrunch*

## Key points

- Lucid Motors has withdrawn its annual production and sales guidance amid CEO transition and cost cuts.
- A recent 12% workforce layoff cost $40 million but is projected to save $500 million long-term.
- First quarter earnings were worse than expected due to a 29-day production disruption and seat supplier issues.
- Lucid is still planning a robotaxi launch with Uber and Nuro, targeting Q4 for road-ready vehicles.
- Production ramp-up for Lucid's mid-size, sub-$50,000 EV has been delayed to 2027.

**Companies:** Lucid Motors

[Read the full story on TechCrunch](https://techcrunch.com/2026/05/05/lucid-motors-doesnt-know-how-many-evs-it-will-build-this-year/)

---

Canonical: https://newsio.io/n/595c6c82-e12a-49c0-a433-ea4dffe7678e/lucid-motors-said-tuesday-that-its-no-longer-sure-how-many-vehicles-it-will-buil
Summarized by Newsio from TechCrunch. https://newsio.io/how-it-works