Wards Daily Edition


	FEBRUARY 26, 2025

Peter Rawlinson’s inability to grow sales put the Lucid Motors CEO in a hot spotlight.

CEO Rawlinson Out at Lucid; Mitsubishi Dealers Losing Money, Beg for New Product; Tesla Stock Trips & Falls

Last year's financial results highlight automaker's challenge to return to revenues and profit margins this year.

Tesla sales in Germany drop 60% in January as CEO Elon Musk voices support for far-right political party.

Automakers' price manipulation to promote BEVs blamed for steering buyers away from ICE vehicles in January.

FROM AUTOMOTIVE DIVE

The automaker said dealerships will replace any defective parts and provide repairs free of charge.

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