Lucid Group Inc (NASDAQ:LCID) CEO Peter Rawlinson on Monday took a jab at rival EV maker Tesla, Inc. (NASDAQ:TSLA), opining that the latter has lost focus over the years.
What Happened: Rawlinson was employed at Tesla for three years before he started Lucid.
"At Tesla, I was there for three years from 2009 through to 2012, and at that stage Tesla was truly at the cutting edge, developing the most advanced technology with a clarity of vision and purpose, and an absolute singularity of mindset," Rawlinson said in an episode of BBC‘s Wake Up To Money.
However, a decade later, the company has lost focus, the CEO said.
"What I'm seeing now is a worrying trend towards a sort of distraction. Tesla seems to be distracted, ...