Lucid Motors CEO Peter Rawlinson steps down

Core Points - Lucid Motors is changing its CEO for the first time in nearly six years, with Peter Rawlinson stepping down from his roles as CEO and CTO [1] - Marc Winterhoff, the current chief operating officer, has been appointed as the interim CEO [1] - Rawlinson will transition to a role as a "strategic technical advisor" to Turqi Alnowaiser, who is the chairman of the board and a key executive at Saudi Arabia's sovereign wealth fund, which is the majority owner of Lucid [1]