Lucid replaced its CFO and hired four other new executives on Thursday, weeks after cutting 18 percent of its workforce under new CEO Silvio Napoli.

The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.

Lucid replaced its CFO and hired four other new executives on Thursday, weeks after cutting 18 percent of its workforce under new CEO Silvio Napoli.

Last month, Lucid said goodbye to its top engineer. Now it's bringing in a new leadership team.

Lucid delivered a total of 3,953 EVs in the second quarter of 2026 and produced 4,774 vehicles. Under its new CEO Silvio Napoli, the US manufacturer is