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Lucid Motors 2026 restructuring, cost cuts & robotaxi push

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Latest: Lucid Group announces $1.4 billion cost cuts and robotaxi expansion

Lucid Motors continues to reshape its 2026 outlook after a June restructuring that cut roughly 18% of its U.S. workforce and eliminated the second shift at the Arizona AMP-1 plant. The $1.4 billion cost-saving program an