TechCrunch Mobility: Elon Musk’s threats worked

TechCrunch Mobility: Elon Musk’s threats worked

Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Did you hear? Elon Musk got his $1 trillion pay package. Of course you did, because coverage of that highly anticipated vote is everywhere, including here at…

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Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery,…

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#Lucid Motors CEO Peter Rawlinson steps down

#Lucid Motors CEO Peter Rawlinson steps down

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before the company went public. Lucid appointed its chief operating officer Marc Winterhoff as its interim CEO. Rawlinson will serve as “strategic…

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