#boycottevs

Lucid expects to incur a total of around $21 million to $25 million in charges related to the workforce reduction.

Yet Lucid is far from the only EV manufacturer forced to lay off workers as people decide that EVs are not the value proposition they may appear.

Last month, The Gateway Pundit reported how Ford had lost a staggering $1.3 billion in its EV division over the first quarter of 2024, equivalent to $132,000 for each of the 10,000 EVs it sold in that the time period.

Even the most popular brands including Elon Musk’s Tesla have seen a marked decline in sales, forcing the company to also lay off 10 percent of its global workforce.

The troubles across the EV market are a continued blow to the Biden regime!!! Good

https://www.thegatewaypundit.com/2024/05/lucid-becomes-latest-ev-manufacturer-announce-layoffs-will/