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Arizona

Every EVXL story tagged “Arizona” — newest first.

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Jun 22
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Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Arizona · Lucid

Lucid Cuts 18% Of US Workforce, Eliminates COO Role In Napoli’s First Major Move

Lucid Group cut roughly 18% of its U.S. workforce on Monday, its second mass layoff in four months, and eliminated the chief operating officer position. The move removes Marc Winterhoff, who ran Lucid as interim chief executive for more than a year. It is the first major operational decision from Silvio Napoli, the former Schindler…

Samsung's Taylor Texas Fab Starts Equipment Move-In April 24 For Tesla AI5 And AI6 Chips
Tesla

Samsung’s Taylor Texas Fab Starts Equipment Move-In April 24 For Tesla AI5 And AI6 Chips

Samsung Electronics will hold an equipment installation ceremony at its Taylor, Texas foundry on April 24, 2026, kicking off the final run-up to mass production of Tesla’s AI5 and AI6 autonomous-driving chips on a 2-nanometer process. Han Jin-man, president of Samsung’s Foundry Business Division, will lead the ceremony alongside executives and representatives from materials, component,…

Tesla

Tesla Terafab Project Goes Live as Musk Warns Chip Supply Won’t Be Enough in 3–4 Years

Tesla‘s Terafab chip manufacturing project went live today, March 21, 2026, according to Tesla reporter Sawyer Merritt. The project is a direct response to a chip supply problem Elon Musk has stated openly: even combining the best-case output of every current supplier, it won’t be enough. “In order to remove the probable constraint in 3–4…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Cuts 319 Newark Jobs As Layoff Count Hits Third Year Running

One day after reporting Q4 earnings that beat revenue estimates, Lucid Group filed a WARN notice with California’s Employment Development Department disclosing 319 job eliminations at its Newark headquarters, effective April 21, according to the Mercury News. That’s the third consecutive year Lucid has filed layoff notices at the same address: 123 workers cut in…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Q4 2025: Revenue and Production Guidance Both Beat Analyst Expectations — So Why Did the Stock Drop 6%?

Three beats, one brutal miss, and a stock that fell anyway. Lucid Group (NASDAQ: LCID) reported Q4 2025 results today that cleared the bar on revenue, beat FactSet’s production guidance consensus for 2026, and delivered its eighth consecutive quarter of record deliveries. The market’s response: shares dropped 6.4% to $9.33 in after-hours trading. That tells…

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