{
  "id": 193045,
  "title": "Lucid's new CEO says the EV maker launched cars before they were ready and let customers down",
  "url": "https://urgent.news/2026/08/05/lucids-new-ceo-says-the-ev-maker-launched-cars-before-they-were-ready",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-05T21:37:22.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/lucid-ceo-evs-gravity-air-not-ready-2026-8"
  },
  "original_language": "en",
  "account": "Lucid's new CEO, Silvio Napoli, has criticized the EV maker for launching vehicles before they were ready, causing disappointment and failing to meet commitments. Napoli announced that the company's two current models, the Gravity SUV and Air sedan, have suffered software issues, including key fob and infotainment problems. In response, Lucid is implementing new \"quality gates\" to ensure all production and quality requirements are met before launching its next car, the Cosmos. The launch of the roughly $50,000 midsize SUV has been delayed to 2027, pushing competitors ahead in the midsize electric SUV market. Rivian started delivering its R2 in June, while Tesla recently introduced the Model Y L in the US. Founded by former Tesla engineers and backed by Saudi Arabia's Public Investment Fund, Lucid has lost money since beginning production and has taken steps to cut costs, including layoffs and removing the chief operating officer role. Napoli, who has transformed the company's leadership, stated that a deep transformation is underway at Lucid.",
  "summary": "Lucid's CEO, Silvio Napoli, said the EV maker rushed cars to market. The company said it will hold back its coming mass-market SUV for more testing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}