The Electric: After Peter Rawlinson's Sudden Exit, Investors Doubt Lucid's Plans

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Lucid Motors sold just over 10,000 electric vehicles last year, but on Feb. 5, CEO Peter Rawlinson boasted that that was only the beginning: Lucid, he said, was on the cusp of producing a midsize crossover SUV that would finally challenge Tesla head-on. In the 2030s, he predicted, Lucid would be selling a million EVs a year.