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Lucid Motors names new CEO, lands more money from Uber and Saudis

Lucid Motors has appointed Silvio Napoli as the new CEO, marking a pivotal shift in leadership. With Uber investing $200 million and Saudi Arabia's Public Investment Fund buying $550 million in shares, Lucid is poised to enhance its product...

TechCrunch· Apr 14, 2026 · 2:51 PM · 96 views

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Lucid Motors has appointed Silvio Napoli as the new CEO, marking a pivotal shift in leadership. With Uber investing $200 million and Saudi Arabia's Public Investment Fund buying $550 million in shares, Lucid is poised to enhance its production capabilities. Exciting times ahead as they ramp up production of the Gravity SUV and new mid-size vehicles. #LucidMotors #EV #AutomotiveNews #Uber #SaudiArabia

Originally reported by TechCrunch. Read the full story →

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